JetLease Capital closes four deals in May 2016
JetLease Capital in May 2016 has arranged and closed four aircraft financing transactions totalling just over $15,000,000.
The company completed a deal on a new Phenom 300 jet. The client is a high net worth individual/entrepreneur based in the Southeastern United States.
The second deal was a 2005 built Cessna Sovereign. The transaction was a refinance including upgrades and engine overhauls for the aircraft. The transaction was structured as a 60-month term with a 120-month amortisation, at an interest rate of 4.25%. The client is a high net worth individual engaged in the real estate industry in the Midwest.
The third was a 2007 built Learjet 45XR. The transaction was structured as a 5-year term note with a 1-year adjustable interest rate of 3.5%. The client is a high net worth individual located in the Midwestern United States.
The fourth was a Learjet 45XR dealer floor plan funding.
JetLease Capital was founded by Sam Harris and is based at the West Palm Beach International Airport and Witham Field airport in Stuart, Florida.