For banks & marine lenders
Collateral values you can underwrite.
Marine lending depends on knowing what a vessel is worth today, and what it would bring if things go wrong. VVS delivers fair market, orderly and forced liquidation values backed by documented condition and real comparable sales.
The questions behind every loan
Know the asset before you commit the capital.
- Does the vessel’s value support the loan amount?
- What would it bring in an orderly sale? In a forced sale?
- Is the condition consistent with the purchase price?
- How is the market for this builder and model trending?
- Has value held up for a refinance or portfolio review?
Appraisals for lenders
Every basis of value, clearly defined.
FMV
Fair Market Value
The price a willing buyer and seller would agree in a normal market. The foundation for origination.
OLV
Orderly Liquidation Value
What the vessel would bring in a managed sale over a reasonable marketing period.
FLV
Forced Liquidation Value
The likely outcome of a compressed, distressed sale. Essential for recovery planning.
Refinance
Refinance appraisals
Current value and condition to support new terms on an existing vessel.
Portfolio
Desktop valuations
Efficient, documented opinions for portfolio reviews where a full inspection isn’t required.
Condition & value
C&V surveys
An accredited condition survey and a market valuation in one coordinated report.
Why lenders rely on VVS
Values built on what yachts actually sell for.
Three decades of brokerage experience give Jason Dunbar a record of real transaction prices few appraisers can match, and Mark Geddis’s accredited surveys make sure the condition behind the number is right.
Who you’ll work with
