JetLease Capital has arranged and closed financing for a $5 million loan for a Hawker 900XP business jet to a company based in the Midwest.

The transaction was structured as a seven-year term loan, 15-year amortization, floating interest rate of Libor + 2.25%. The client is a corporation engaged in the real estate industry.

JetLease Capital is based at the West Palm Beach Florida Airport and specializes in corporate aircraft financing transactions including term loans, leases, and bridge loan structures for fixed wing aircraft and helicopters.