JetLease Capital Announces Strong December Fundings
JetLease Capital announced the company placed funding for the following loans in December 2021:
New 2016 Cirrus SR22: The transaction was structured as a 20-year term, with a 20-year amortization, 80% LTV (loan to value) at an interest rate of 4.75%. The client is a small corporate borrower located in the North-Eastern part of The United States.
2008 Citation Mustang: The transaction was structured as a 5-year term with a 15-year amortization, 80% LTV, at a fixed interest rate of 4.95%. The client is a high net worth individual on the West Coast of the United States.
2000 Gulfstream G200: The transaction was structured as a 5-year term with a 10-year amortization, 85% LTV at a fixed rate of 4.43%. The client is a high net worth individual.
2002 Cessna Citation CJ2: The transaction was structured as an Asset Based Non-Recourse Refinance. 5-year term, 15-year amortization at a floating rate of 3.52%. The client is a high net worth entrepreneur located in the Southern United States.
2 SAAB 340 Turboprop Aircraft: The transaction was a refinancing of the 2 SAAB’s and structured as a five-year lease purchase.