Aviation news analysis
50 SKY SHADES - World aviation news

JetLoan Capital updates on financing transactions

Download: Printable PDF Date: 23 Apr 2018 15:43 categories:
Publisher:
JetLoan Capital updates on financing transactions - Finance publisher
Krista Kuznecova
Country: United States Aircraft: Airplanes

Sam Harris, President of JetLoan Capital based in Stuart, FL announced that the company completed five aircraft financing transactions in March 2018. The transactions are as follows:

• Refinancing of a 2002 Citation X with an interest rate of 5.07%, 42-month term, and 144-month amortization for a client who uses the plane in a Part 135 Operation.
• Acquisition financing for a 2001 Lear 60 with an LTV of 75%, 5-year term, and a 15-year amortization for a high net worth client located in the southeast US.
• The refinancing for a Bell Helicopter with an LTV of 75%, interest rate of 4.24%, and a 240-month term fora high net worth client in southeast US.
• Acquisition financing for a new Cirrus SR22T, 80% LTV, interest rate of 4.24% and a 240-month term for a high net worth client in the southeast US.
• Acquisition financing for a 1982 Cessna 340A with an LTV of 85%, 240-month term, and an interest rate of 4.99 %for a high net worth client located in the northeast US.

The company is an independent aviation financial brokerage firm assisting aircraft owners with financing and refinancing jet, turboprop, piston aircraft, helicopters and commercial aircraft through their group of over 150 banks, leasing companies,and private equity funding sources.Contact:Sam Harris info@jetloancapital.com

Upcoming Events: Sun 'n Fun April 10-15 https://www.flysnf.org
NBAA Business Aviation Convention October 16-18 https://www.nbaa.org/events/bace/2018/

What Our Clients Say:

JetLoan Capital did a great job and the rate and terms are super!I wished all my banking was as easy as this deal was!!!!!
- D. Dyke
Recent Bell Helicopter Deal



Loading comments for JetLoan Capital updates on financing transactions...


Recommended

Norwegian signs comprehensive engine services contract

The Norwegian Air Shuttle Group and Lufthansa Technik have signed a contract extending an existing Total Engine Support (TES®) contract. The agreement, signed on 17 September at the airline's...

Vista Global acquires XOJET, strengthening its global presence with 115 owned business jets

Vista Global acquires XOJET’s fleet and commercial operations Acquisition of XOJET’s business aviation services reinforces Vista Global’s market position in North America...

FBO RIGA Celebrates 3 Years of Success

FBO RIGA business aviation center celebrates its 3rd anniversary. It opened its doors in Riga International Airport (RIX) in September, 2015, becoming a new gateway to the east from Europe and the mai...

Bombardier Delivers First 90-seat Q400 Aircraft to SpiceJet

SpiceJet becomes the first airline to take advantage of the Q400 aircraft’s increased profit potential Bombardier Commercial Aircraft announced the delivery of its first 90-seat Q400 air...