Productive 2021 for JetLoan Capital
Stuart, Florida – 11 January 2022 – JetLoan Capital arranged loan funding totaling US$147 million for 63 aircraft and yachts in 2021 for the following collateral types:
- Light, mid-size, and large cabin jets
- Turboprops and pistons
- Yachts and boats
Sam Harris, company president observes that due to COVID, the general aviation and business jet segments are very active, creating shortages of aircraft for purchasers and an increase in aircraft prices. It is estimated that 1 in 4 buyers are first time aircraft owners and this trend appears to be continuing into 2022.
JetLoan Capital is an independent aviation and marine finance brokerage firm assisting clients with arranging funding for jets, turboprops, pistons, helicopters, and yachts through their group of over 150 commercial banks, community banks, credit unions, finance companies, and private equity funding sources.