JetLoan Completed Five Aircraft Financing Transactions in March 2018
/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 for a 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.
JetLoan 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 at 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/