Citizens Financial Group expands RBS Asset Finances Business Aviation Finance Group


Business Aviation Finance grows sales team, adds dedicated documentation and legal staff in response to sales volume and expected future growth in corporate aviation financing

Citizens Financial Group
has announced the expansion of RBS Asset Finance’s Business Aviation Finance
Group providing financing for corporate aviation in the United States.
Having doubled its 2009 volume in 2010 and on track to significantly grow its business
in 2011 and in the coming years, the Business Aviation Group has expanded its
sales team and added dedicated documentation and legal staff to ensure greater
market coverage and rapid response to customers in need of financing for
corporate aircraft.

“We are investing in our
business aviation finance team because we believe it represents an opportunity
to truly differentiate ourselves in this sector, where customers have very high
standards and expect the highest level of service,” said Marc Paulhus,
president of RBS Asset Finance. “The feedback we are receiving from the
aviation industry’s leading brokers and manufacturers tells us that we now are
setting the pace in terms of the speed with which we can close deals, and we
are very excited to continue growing in the years ahead.”