JetLease Capital Closes Four Aircraft Totaling $15MM
Today's News JUN 15, 2016 - 7:12 am
In the month of May, JetLease Capital arranged and closed four aircraft financing transactions totaling just over $15 million. The transactions include:
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 U.S.
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.
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 Midwest.
Lear 45XR dealer floor plan funding.
JetLease Capital is based at the West Palm Beach International airport and Witham Field airport in Stuart, FL. It specializes in aircraft financing transactions including term loans, leases and bridge loan structures for fixed wing corporate and commercial aircraft and helicopters.