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John Paul Getty, the oil tycoon said to be the richest man in history, once remarked: "If it appreciates, buy it. If it depreciates, lease it."

Loans for a world record bid

In 2017 Team Britannia was the multi-million pound British bid led by ocean adventurer Alan Priddy to design and build the fastest and most fuel-efficient wave-slicing powerboat to circumnavigate the globe for the much coveted UIM world record.

Construction of the boat started at the beginning of June 2016, and the important hurdle of turning the boat over was passed at the beginning of December. Completion of the boat, which included attaching the wheelhouse, flybridge and decks, along with fuel tanks, engines, jet drives and interior fittings, continued into early 2017 and was followed by a programme of sea trials prior to the circumnavigation itself.

Rivers Leasing supported this round the world record attempt alongside a conglomerate of city businesses, keeping the revolutionary powerboat and its 12 strong crew on track with a loan during the construction phase.

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Rivers Leasing Limited

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Telephone: 0208 424 8262

Registered in England. Company number: 07376100.

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Rivers Leasing is authorised and regulated by the Financial Conduct Authority

Rivers Leasing is a subsidiary of Rivers Finance Group PLC.
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