Financing

Purchasing a private aircraft is likely to be one of the largest financial transactions of a client's lifetime, so it's important to rely on expert advice before putting pen to paper. While many traditional lending institutions are adept at aviation financing, it's often wise to engage the services of a finance specialist to seek out a specific type of loan program that suits the type, price, size and age of the desired aircraft.

Finance rates are generally determined by the jet specifications as well as the buyer's credit rating, these loan details will generally set base terms offered by most competing lenders. There are however market demand fluctuations which may affect the aggressiveness of various lenders pricing and product availability. These conditions are constantly monitored by our financing staff to ensure our customers are receiving the most competitive terms available in the marketplace.

Standard loan terms are 5, 7, or 10 years. Prevailing interest rates will set the stage, but generally loans under $1 million are set at "prime plus". Higher priced jets may be able to lock into a lower rate at LIBOR plus. Amortization is calculated by the age of the aircraft and flight hours logged - ranging widely (from 8 years up to 15 years).

Writing aircraft loans since 1983, the professionals at JetLease is the first step to take toward a successful experience in your personal or corporate aircraft acquisition.