Sasser Family Holdings announced the opening of its aviation ground support equipment finance and asset management subsidiary Xced Aviation Services. Xced will be providing single investor equipment financing solutions and life cycle management of all aviation ground support equipment for North America.

Xced Aviation Services will be led by William R. Long. Long joined the organization in January of 2014 to help establish the newest service offering of the Sasser Family Holdings organization. Long is a 25 year veteran of the financial services industry, of which the past 5 years have been spent in the ground support equipment marketplace.

“Even after 85 years, we continue to look for ways to grow through providing services and solutions that complement our family of companies. Bill has a solid history in the ground support businesses, and we have a solid foundation in the asset services & management industry. It is a natural fit, and I’m optimistic about the successes we’ll be able to achieve together, and for this industry,” stated Shad Peterson, president of Sasser Family Holdings.

Xced’s services will include lease financing and traditional fixed purchase option financing structures on new and/or used ground support equipment, as well as a wide range of incremental asset management services including trade-in of used ground support equipment, buy/sell services, refurbishment services and refurbishment financing.

Sasser Family Holdings is a 4th generation, family-held transportation asset services and management company with roots dating back to 1928. Subsidiary business units include Chicago Freight Car Leasing, Union Leasing, CF Rail Services, CF Asia Pacific Group, NxGen Rail Services and Xced Aviation Services.