Wavefront Leasing Limited, a UK based finance company, announces it has established a fund dedicated to providing ship owners with finance for ballast water management systems (BWMS). Wavefront can provide financial support to ship
owners to enable them to remain compliant with IMO and US Coast Guard regulations. For equipment like BWMS, that deliver zero return to ship owner investment, Wavefront offers effective third-party finance to preserve returns to ship owner equity.

“Wavefront offers ship owners an alternative to using cash to buy BWMS – an alternative that does not dilute returns to equity,” says Kevin Swannack, Director at parent company Wavefront Asset Management.

Finance provided by Wavefront is:
• Simple, with pre-printed documentation
• Capable of covering multiple BWMS units, delivered over time
• Quick to underwrite with applications being turned around promptly
Source: Wavefront Leasing Limited