Why Syndicate my Boat?
A syndicated solution allows you to sell shares in your boat releasing valuable equity without compromising your lifestyle. BASCO can assist you in this process as this is a core aspect of our Buyer Advisory service.
This service is designed for boat owners who wish to:
- Bring your ownership in line with your usage. Why own a whole boat you can only use a fraction of the time.
- Unlock equity; a hole in the ocean to take money out of? We thought you’d like the sound of that.
- Lower ongoing costs; upgrades and replacement parts are much more affordable when you share the cost.- A quarter-share boat owner explains, “everything is like it’s on a 75% off sale when it comes to paying costs of upgrades and maintenance”.
- Liquidity; the syndicated marketplace allows buyers and sellers to transact on shares with confidence.
At BASCO the Boat Syndication premise is simple
It’s an opportunity to align your boat ownership with your usage, reduce your operating costs and free up equity.
If you would like to find out more, contact us or book a free no obligation consultation to progress your plans for boat syndication.