JetLease Capital arranged and closed the financing for a pair of business jets. The aircraft financed were a 1999 GIVSP and a 2002 Cessna 525-CJ1.
The transaction for the 1999 GIVSP was structured as a five-year term loan facility with a seven-year amortization and 80% loan to value. The client is a high net worth individual/entrepreneur based on the West Coast. The aircraft will be used exclusively for charter.
The transaction for the 2002 Cessna 525-CJ1 was also structured as a five-year term loan facility with an 80% loan to value, but with a 12-year amortization. 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.
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