RealWorld.fi

Yacht liquidityin ten days.

Yacht-backed funding in ten days, a default exit in about forty, and a fee that prices the speed.

Concept for discussion. October 2026.

The problem.

Speed is scarce on both sides.

Owner side.

3 to 6 weeks

Typical time from application to funding for a boat loan, before any cross-border structuring.

Lender side.

About 6 months

Axioma, arrested in Gibraltar in March 2022 at a lender’s request, sold at judicial auction for $37.5M. About half its $75M estimate.

Speed is the scarce asset on both sides. That is what we price.

RealWorld.fi · Sources: Yachtway boat loan timeline; The Maritime Executive, September 2022 · 2

How it works.

One yacht, one cell, one receipt.

Yacht owner.

Needs liquidity without selling the yacht.

Title.

Yacht cell.

Holds one yacht, ring-fenced from every other.

Receipt.

Lenders.

Fund the owner against the yacht’s digital receipt.

Committed buyer.

Agrees today to buy the yacht at a floor price if the owner does not pay.

Floor price.

RealWorld.fi runs the marketplace. It is never the lender.

RealWorld.fi · Yacht liquidity concept · 3

Speed in.

Ten days from survey to funding.

Day 1–3

Surveyed.

Two independent surveys and a title search.

Day 3

Floor locked.

The committed buyer signs.

Day 5

Structured.

The yacht moves into its own cell.

Day 10

Funded.

Lenders bid. Funds settle.

Target: ten days. A typical boat loan takes 3 to 6 weeks.

RealWorld.fi · Yacht liquidity concept · Source for 3 to 6 weeks: Yachtway · 4

Illustrative example.

A 35m motor yacht, valued at €6.0M.

€6.0M

Fair market value, average of two surveys.

€3.6M

Promise-to-purchase floor, 60% of value.

€2.4M

Loan principal, 40% loan to value.

1.5x

The floor covers the principal one and a half times.

€6.0M value

€3.6M floor

€2.4M loan

12-month term. 9% lender rate. Malta flag. All figures are illustrative.

RealWorld.fi · Yacht liquidity concept · Illustrative figures · 5

Platform economics.

On this loan, speed adds €48,000.

€60,000

Today’s standard fee, 2.5%.

€108,000

With the speed fee, 4.5%.

Platform revenue on the €2.4M example.

The owner pays a 2.5% speed fee and a 1% spread. Lenders pay a 1% spread.

If the owner defaults, a 3% exit fee adds another €108,000.

RealWorld.fi · Yacht liquidity concept · Illustrative figures · 6

Speed out.

Default to cash in about forty days.

Day 0

Repayment missed. A cure notice goes out.

Day 10

Cure period ends. Ownership passes to the lender. No court.

Day 40

The committed buyer pays the €3.6M floor.

€3.6M from the committed buyer, paid out in this order:

1. Lender: €3,492,000, the full balance after the fee.

2. RealWorld.fi fee: €108,000 (3%).

The borrower gives up any balance above the debt in exchange for a lower interest rate.

RealWorld.fi · Yacht liquidity concept · Illustrative figures · 7

Value capture.

Why both sides pay for speed.

Borrower: borrow or sell?

Sell through a broker: 10% commission, and the yacht is gone.

€600k

Borrow on RealWorld.fi: fees plus interest, and the yacht is kept.

€300k

Half the cost of selling, and the owner keeps the yacht.

Lender: court or buyer?

Court route, as with Axioma: sold near half the estimate.

~6 months

With a committed buyer: exits at an agreed 60% floor.

~40 days

A known exit price, at a quarter of the wait.

RealWorld.fi · Sources: Wikipedia, yacht broker (10% typical); The Maritime Executive, September 2022 · 8

For counsel.

Three points to settle.

1

The vehicle. Which jurisdiction, and who owns the cell company.

2

The exit. Ownership passes to the lender without court, and the lender keeps the full balance.

3

The hull. Old mortgages, crew and salvage claims that follow the yacht.

RealWorld.fi · Yacht liquidity concept · 9

RealWorld.fi

Next step.

One named owner.

One committed buyer.

One pilot.

Prove the ten-day and forty-day clocks on a real yacht before we build the product.