Barclays is well known for its banking, investment management, wealth management, and other financial services for high-net-worth individuals. While it’s the largest wealth manager in the UK, it has offices in 50 countries, including the United States. It’s also interesting – and important – to note that while the global banking collapse prompted some major lenders to withdraw from recreational lending, Barclays did not, continuing to finance megayachts from 40 meters (131 feet) and up.
In this podcast, I speak with Paul Fowkes, the director of Corporate Jets and Superyachts for Barclays, to learn how it dodged the proverbial bullet and discuss its financing options. It’s a must-listen for anyone contemplating purchasing a yacht or funding a refit.
NOTE: The URL mentioned in the podcast for Barclays is incorrect; the proper one is given in the paragraph above.
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