Benefits of Working with an Experienced Management Team in Aircraft Financing
There are several benefits to working with an experienced financing team. Aircrafts are not only costly investments, they are also very complicated to own. An experienced management team will help guide you through your financing, making it much easier to purchase or sell your aircraft. Like all major financial purchases, it is important to know all of the options you have available to get the perfect solution. Use this guide to learn more about the benefits of working with an experienced financial company.
Get Flexible Financing Solutions
When financing an aircraft, it is important to remember that there are a lot of options available. You need to work with a company that can get you through the approval process and help to show you which options will work best for you.
Several options and benefits may be available to you, including:
• Allocation of Capital
• Predictable Costs
• No Residual Value Risk
• Global Leasing Options
Every aircraft purchase you make is going to be a little different. Some factors, such as the type of aircraft you are buying, can affect the benefits of your financing. An experienced financial lender will pay close attention to these details and make sure you get the options that you qualify for.
Get an Aircraft Built
Part of a financial company's job is to help you get the money you need to get the aircraft you want. This doesn't always meanpurchasing a used airplane. There are a wide range of aircrafts available for sale. If one of these does not suit your needs, you may need to start the multi-year process of building a custom aircraft.
Those who build custom aircrafts have different expenses and payments that they need to worry about. An experienced financial lender will be able to help process these payments. Using allocation of capital, you may be able to limit the capital that you need to invest prior to delivery. These options are only available through private lenders, such as Global Jet Capital.
Get a Tailored Solution
Not every financial transaction is easy. That's why customized aviation financingis so important. Factors such as payment schedules shouldn't have to make sucha big impact on your purchase. With customized plans, a lender is able to offer a more flexible loan that truly caters to your needs. This not only allows the lender to be more competitive, it also helps to get you the exact financial plan you need.
Some factors that may be customized include:
• Payment Schedules
• Interest Rates
• Loan Structure
Ensure You Are Getting What You Need
The most important thing an experienced financial company can do during an aircraft purchase is to talk to you about feasibility. Aircrafts are very expensive purchases, and there are a lot of details that must be attended to, such as taxes. A financial company will help you assess your financial situation and help estimate your future ownership expenses. Tax benefits, for example, can be discussed ahead of time.
An experienced financial company can also help you find an aircraft that truly meets your needs. This will help you to streamline the buying process, making it much easier. If you are looking to finance an aircraft, contact an experienced financial lending company today. They can help guide you through the entire process.