Customers use yacht loans for a number of reasons. They may not have enough cash to pay for the yacht in full or may not want to spend that much out of pocket. Yacht loans have a number of benefits in helping achieve your dream of yacht ownership. Some of the pros of using yacht loans include: Less cash required upfront, No need to spend your savings or liquidate your stocks, Invest the money you would have used to purchase the yacht outright, Have more money available for repairs, maintenance, and other yacht-related costs, Plan your budget with fixed monthly payments and The lender ensures a smooth transaction and takes care of all the details for you