In the month of May JetLease Capital arranged and closed four aircraft financing transactions totaling just over $15,000,000. Details listed below:
1. New Phenom 300 business jet. The transaction was structured as a 6-month bridge loan facility. The client is a high net worth individual/entrepreneur based in the Southeastern United States.
2. 2005 Cessna Sovereign. The transaction was a refinance including upgrades and engine overhauls for the aircraft. The transaction was structured as a 60-month term with a 120-month amortization, at an interest rate of 4.25%. The client is a high net worth individual engaged in the real estate industry in the Midwest.
3. 2007 Learjet 45XR. The transaction was structured as a 5-year term note with a 1-year adjustable interest rate of 3.5%. The client is a high net worth individual located in the Midwestern United States.
4. Lear 45XR dealer floor plan funding.
JetLease Capital is based at the West Palm Beach International airport and Witham Field airport in Stuart Florida. They specialize in aircraft financing transactions including term loans, leases, and bridge loan structures for fixed wing corporate and commercial aircraft and helicopters.
You can view their website here www.jetleasecapital.com
You can also watch Sam Harris discuss the aviation finance industry http://www.jetleasecapital.com/videos.cfm
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