Global Boatworks Holdings Inc., Pompano Beach, Florida-based builder of luxury floating homes, is pleased to announce the closing of an initial round of financing with Tonaquint Inc. The financing calls for an immediate payment of US $250,000 minus closing costs and a line of credit for another US $250,000.
“Global Boatworks is very excited about our new relationship with Tonaquint,” says Global Boatworks’ (GBBT) CEO Robert Rowe. “This new financing package will take care of virtually all of our short term funding needs.”
Construction of the company’s first Florida-based luxury vessel Luxuria 1 is currently under construction at the Lauderdale Marine Center in Fort Lauderdale. GBBT is planning to build two flagship showcase models of its modern Luxuria floating home, which features: floor-to-ceiling windows; a chef-quality kitchen; spacious bedrooms; spa-like bathrooms; big-screen TV; two large decks; and two outboard engines. They will be docked in the exclusive marinas in South Florida and offered for sale and short-term rentals for vacationers, business travelers, and special events.
Previously, GBBT built a rental houseboat in Boston (Miss Leah a luxury vessel available for rental in Qunicy’s Marina Bay across from Boston Harbor), and currently has designed a state-of-the-art luxury floating home that will launch in the South Florida market.