Dutch alternative financier Prow Capital has quickly seen its vessel loan portfolio move past €110m ($119m), with plenty more deals in the pipeline.
The company was formed in Amsterdam in November 2021 by experienced former Dutch banking executives to meet the needs of smaller owners ignored by traditional lenders.
Commercial director Andre Lockhorst told TradeWinds that after 18 months of marketing, 17 ships have been financed for five European companies.
