VESSEL LONG-TERM FINANCING

This 120 page marine advisory bulletin is based on a talk presented at a marine industry management workshop in Corpus Christi during March 1979. It provides an in-depth look at five alternatives to financing a million dollar vessel: bank debt, Title XI financing, commercial finance company, privately placed long-term debt, and leasing. The bulletin is supplemented by six pages of tables which evaluate and compare these alternatives according to terms and conditions of each, tax effects, closing costs, negotiation processes, depreciation, repayment schedules, prepayment penalties, restrictive covenants, vessel ownership and total cash outflow.

  • Corporate Authors:

    Texas A&M University, College Station

    Sea Grant Program, Center for Marine Resources
    College Station, TX  United States  77843
  • Authors:
    • Miller, D S
  • Publication Date: 1979-4

Media Info

  • Pagination: 12 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00196031
  • Record Type: Publication
  • Source Agency: Texas A&M University, College Station
  • Report/Paper Numbers: TAMU-SG-79-502
  • Files: TRIS
  • Created Date: Jul 31 1979 12:00AM