The startup offers a specialized finance platform that provides structured finance solutions, including secured loans and sale-and-leaseback arrangements, tailored for the global maritime sector. By facilitating access to capital for shipping and offshore transactions, the company addresses the financing challenges faced by clients in this industry.
Funding
$70M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Owners and operators in the global maritime sector face challenges in securing financing due to a diminished supply of credit. Traditional lending institutions are often unable to provide the tailored financial solutions required for shipping and offshore transactions.
Solution
Maritime Asset Partners (MAP) is a specialized finance platform that provides alternative capital solutions to the maritime industry. The company focuses on leasing, secured lending, and structured equity solutions for commodity and industrial shipping, as well as the offshore oil and gas industries. MAP offers tailored financial structures, with transaction sizes ranging from $10 million to $150 million+ for leasing and $15 million to $80 million+ for lending. These structures can include senior secured loans, junior loans, holdco loans, and other mezzanine financing options.
Target Audience
MAP's target client group includes leading maritime corporations seeking complementary capital, as well as mid-cap owners and operators in the commodity and industrial shipping, and offshore oil and gas industries.
Features
- Leasing transactions with advance rates equal to 50-100% of Fair Market Value (FMV)
- Lending capabilities including senior secured loans, junior loans, and holdco loans
- Structured equity solutions tailored for specific client needs
- Sector agnostic approach, supporting clients in crude tankers, product and chemical tankers, drybulk, containerships, gas, and offshore segments