As one of the first to start
financing Light Sport Aircraft (S-LSA) in May 2005, AirFleet
Capital tells ANN that it has led the industry with affordable
rates and terms for private and now commercial-use buyers. AirFleet
has vested significant resources in supporting the Sport market, to
include regular assessment and evaluation of the new
entrants.
According to Steve Smestad, President of AirFleet Capital, "Our
goal is to get closer to the issues impacting the manufacturers, as
well as changes in the regulatory environment impacting the Sport
market. One of our greatest challenges with the sport movement has
been in getting our hands around the collateral - the aircraft
themselves, and therefore modeling financing terms to fit estimated
lifetimes of these aircraft. Over the past 30 months we have
monitored activity and aligned ourselves closely with the needs of
the manufacturers and distribution networks. This has aided
tremendously in developing financing products and services for the
Light Sport Aircraft market."
AirFleet Capital, Inc. is a nationwide aircraft financing company
headquartered on the airfield in Leesburg, Virginia. AirFleet
offers loans for general and business aviation aircraft ranging
from $25,000 to over $10,000,000. AirFleet Capital brings an
experienced approach to creating custom programs by focusing and
dedicating a full-time staff exclusively to aircraft financing.
Financing through AirFleet is available for aircraft ranging from
"Light Sport" to business jets.
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