Commercial Aircraft Financing - The obvious answer to “why bundle aviation insurance with your finance broker” is this: convenience. But there’s more to having one consultant answer calls about payments and claims. A broker has buying power; and they can leverage that buying power on your behalf when it is time to claim. Insurance companies make money when they can deny claims – and they do try it when they can get away with it! but it’s harder to deny a whole team of brokers with millions of dollars of premiums on the books. A broker can bargain on your behalf and be your advocate when you need to claim.
We finance all sorts of civil aircraft for private and business use. We finance single seat, twin-prop, light aircraft, helicopters, and fixed-wing aircraft all the way up to private and corporate jets. We finance new and used aircraft, subject to approvals. We also finance aircraft for specialised tasks, such as crop-dusters, cargo haulers and sky-writers. Talk to us about your options. We aren’t limited to just financing aircraft. Savvy also help with financing and purchase of new parts such as engines, engine conversions, avionics packages and repairs.
Commercial Aircraft Financing
We have a team of financial professionals that work hard to find the best aircraft finance packages. We have access to many of Australia’s largest, most trusted and best aviation financiers. You’ll soon agree our expertise on aviation and aircraft finance is second-to-none.
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Some people who stride into the broker or lender’s office with a new private pilot’s licence may stop short – their first brainwave is “why not pay for my new aircraft with my existing home equity or line of credit?” The thought is tempting – avoiding “higher” interest rates, extra paperwork and the hassle of finding a new lender. But if you opt for home equity release to finance a plane, you will likely end up paying more. Though a mortgage has a lower interest rate on paper, the loan term is significantly longer. That means you will pay more in interest over time than getting a competitive aircraft loan.
“We are excited to once again partner with Royal Aero and Aquila,” Jennifer Villa, executive director and group head at Ashland Place, said. “Executing efficiently on innovative solutions for clients continues to be our top priority, and we look forward to supporting the Royal Aero and Aquila teams on future projects.”
Aquila is a specialty finance platform focused on providing asset financing in partnership with industry participants as well as purchasing and leasing aircraft, engines and other aviation equipment. Aquila is backed by Warburg Pincus, a leading global private equity firm focused on growth investing.
Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at http://www.nyc.gov/dca.
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The two most common types of aviation finance are chattel mortgages and hire purchases, both of which function in a similar way except for where the aircraft is “owned” on the books. This gives your business a number of tax advantages and allows for 100%+ finance, balloon payments, and variable term limits. Seasonal business? Find out more about adjustable repayments that suits your cash flow by asking your consultant.
Ashland Place Finance, a commercial aviation financing platform, completed a new financing facility for three B737-800s for Royal Aero GmbH (Royal Aero) and Aquila Air Capital (Aquila). This represents the second financing that Ashland Place has completed for Royal Aero and Aquila, with the company having financed three other 737-800s in 2022.
“Working with the Ashland Place team allows us to move quickly and strategically when we see opportunities in the marketplace to expand our portfolio,” Paul Jackson, chief commercial officer at Royal Aero, said. “We appreciate the continued collaboration with Jennifer and the results we’ve successfully delivered together.”
Monitor’s fourth annual women in equipment finance list highlights notable women within the industry that have been nominated by our readers and hand-selected by Monitor’s staff and editorial board. Here are this year’s honorees: Maryellen Barbarish Mithu Bhargava Hollis Bufferd... read more
When you are analyzing an aircraft acquisition or refinancing, Truist Aviation Finance can tailor a financing solution to your needs. Our clients include high-net worth individuals and mid to large cap publicly and privately held companies. We focus on fixed and rotary wing aircraft that are less than 20 years in age. Whether you’re a bank client or prospect, you can rely on our combined 50 years of financing experience.
Aviation finance is a big leap for any business. It makes sense to claim as many deductions as possible to help cash flow. As a business, you can select from chattel mortgages, aircraft leasing and commercial hire purchases. All these options means you can claim GST, interest paid and depreciation back on your next BAS statement. For chattel mortgage and hire purchases, you can apply for 100% finance (or more), longer or shorter loan terms and opt for balloon payments. These products also allow you to amortise other expenses such as services and insurance in one easy to access facility.
Like all big and heavy machinery, aircraft has a definite lifecycle. If you are buying new (or building from a kit!) you’ll be paying a premium – or so it seems. A new aircraft is factory fresh, and has high residual value. This is good if you decide to sell your aircraft at any point. However if you’re buying used, you should figure out where the aircraft is in its lifecycle. Some sellers offload aircraft that will cost them thousands in engine rebuilds or fuselage refits. Before buying, you should always determine what you require an aircraft for, and what stage of its lifecycle will best suit you or your business’ needs.
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Our aircraft finance packages are fair, competitive and flexible. Much like out car and heavy vehicle financing options, we offer hire purchases, chattel mortgages, leases and other non-conforming loans that suit your personal or business needs.
The Equipment Leasing and Finance Association has been making major moves to address the subject of diversity, equity and inclusion (DE&I) within the equipment finance industry. Recently, the ELFA hosted its first annual Equity Forum, a two-day conference in Washington,... read more
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“In working alongside Ashland Place, we were again pleased to be able to find an optimal and expeditious solution for the transaction. Our teams continue to work very well together,” Al Wood, CEO at Aquila, said.
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