Aircraft Finance
As a critical component of any acquisition, the source, type and cost of finance needs to be addressed as early as possible.
If you can’t afford to pay for it, you won’t be able to finance it!
The correct application of a financing solution should be based around the opportunity cost of not financing; spreading the cost of ownership over the period of use, combined with a positive recognition of the strong second hand market value of the aircraft are key reasons to consider a funding solution. Understanding the options available to you and the cost implications of those options is where our specialist partners, Quartz Finance, come in.
Quartz understands that matching the specific circumstances of the customer to the specific appetites of the various lenders is the key to successfully arranging a suitable credit-line. They believe in developing long-lasting relationships with their clients to ensure finance requirements are fully understood, addressed correctly and managed over the term of the aircraft use.
Quartz offers a best of breed, independent advisory service and an enviable range of relationships with a range of international lenders.
Typical Terms
- Contract terms between 3 & 10 years
- Fixed or Variable interest rates
- Payments in US$, GB£, EU€ or local currency if required
- Loan-To-Value advances of up to 85% - though typically 70% to 80%
- Range of financial options to include Loan and Lease structures
- Personal or Corporate Guarantee accepted
- Wide range of International funding options
Please ask us for further information or Ian Jackson at Quartz Finance directly on +44 (0)7768 987879 or via e-mail ian.jackson@quartzfinance.com
Below we have listed a number of question that you need to answer in order to help ensure you can pre-qualify for asset finance.
Who?
- Name of the Individual or company acquiring the aircraft?
- Nationality of the Individual or company acquiring the aircraft?
Where?
- Which country is it to be operated out of?
- Under which flag will it be operated?
What?
- Aircraft details to include cost, specification and age?
- Source of aircraft i.e. manufacturer or dealer?
Why?
- Is the aircraft being purchase for Charter or Private use?
- What experience of this aircraft type does the client have?
When?
- What is the expected delivery date?
- When are the funds required and in what stages?
Minimum Requirements
- 20% to 30% of purchase price as an upfront deposit
- Debt serviceability is not dependent on asset operation
- Insurance is arranged and maintained by the client
