Keybank’s Luxury Yacht Lending division relocates

CLEVELAND – Key Recreation Lending (KRL) Luxury Yacht Lending, a division of KeyBank NA, has a new home in Fort Lauderdale’s Portside Yachting Center, the company reported in a recent statement.

KRL’s Luxury Yacht Lending division offers yacht financing solutions up to $25 million and has a portfolio of custom loan products tailored specifically to the needs of the individuals purchasing yachts and megayachts.

“There is no other place in the country more appropriate for our new division than on ‘megayacht row’ in Fort Lauderdale,” said Grant Skeens, president and CEO of KRL. “Since the Fort Lauderdale International Boat Show, our Luxury Yacht Lending team has seen heightened interest in boat buying at the upper end of the market.”

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