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
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.