JetLoan Capital completed five aircraft financing transactions in March. The transactions included:
A 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%, five-year term and a 15-year amortization for a high net worth client located in the Southeast U.S.
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 U.S.
Acquisition financing for a new Cirrus SR22T with an 80% LTV, interest rate of 4.24% and a 240-month term for a high net worth client in the Southeast U.S.
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 Capital is an independent aviation financial brokerage firm assisting aircraft owners with financing and refinancing jet, turboprop, piston aircraft, helicopters and commercial aircraft through its group of more than 150 banks, leasing companies and private equity funding sources.