8 (eight) syndicate partners required to make the following commitment:
1. Immediate Cash Contribution of $12,500 - total for 8 syndicates $100k
2. Monthly payments of $2,5k over next 5 years (60 months) comprising:
2.1 Monthly lease repayment $1,9k
2.2 Monthly contribution to cleaning, repairs, maintenance, pen fees, insurance, antifouling etc of $600pm
Half shares are available at 50% of the above commitment.
To date we have 4,5 syndicate shares SOLD, and we require another 3,5 syndicate shares to be sold.