JetLease Capital Arranges, Closes Financing for Two Business Jets
February 17, 2016, 06:43 AM
Filed Under: Aircraft
Related: JetLease Capital
JetLease Capital arranged and closed financing for a 1999 GIVSP business jet. The transaction was structured as a 5-year term loan facility with a 7-year amortization and 80% loan to value. The client is a high net worth individual/entrepreneur based on the U.S. West Coast. The aircraft is used exclusively for charter.
JetLease Capital also announced the company arranged and closed financing for a 2002 Cessna 525-CJ1 business jet. The transaction was structured as a 5-year term loan facility with a 12-year amortization and 80% loan to value. The client is a high net worth individual based on the West Coast.
JetLease Capital is based at the West Palm Beach and Stuart Florida Airports and specializes in corporate aircraft financing transactions including term loans, leases, and bridge loan structures for fixed wing aircraft and helicopters.