JetLease Capital finances three aircraft deals
JetLease Capital, a financier of corporate aircraft in Florida, completed three business jet and helicopter sales in March and April 2015.
In March, the company raised finance for the sale of two aircraft, a Cessna Citation Sovereign business jet and a Bell 230 helicopter.
It closed financing of $4.8 million for the Citation Sovereign, which was bought by a west coast-based entrepreneur and structured as a seven-year term loan. JetLease Capital closed a five-year term loan facility for the Bell 230, which will be based in Florida.
So far in April, JetLease Capital has arranged and closed financing of $6.8 million deal for a Challenger 300, structured as a five-year term loan, with a fixed interest rate of 4.5 per cent. The client is a high-net-worth individual.
JetLease Capital is based at the West Palm Beach Florida Airport and specialises in corporate aircraft financing transactions, including term loans, leases and bridge loan structures for fixed-wing aircraft and helicopters.
The company also recently shared a video of an interior tour of a Gulfstream G650, which you can watch below: