Tue, Jul 26, 2005
Those purchasing new and used
Columbia certified aircraft will now find financing their airplane
just got easier with the establishment of Columbia Aircraft
Finance, a new division of the Columbia Aircraft Manufacturing
Corporation (CAM). The Company created Columbia Aircraft Finance to
simplify and streamline the purchase process for those buying new
and used Columbia 300, 350 and 400 aircraft.
“Anyone who has purchased an aircraft knows that securing
financing can be a challenging and sometimes frustrating
task,” said CAM Vice President of Marketing and Sales Randy
S. Bolinger.
“Columbia Aircraft Finance will make the process easier
for our customers, giving them access to experienced aviation
finance professionals. Their comprehensive knowledge of various
finance options, ability to secure the best possible rates and
tenacity has already proven to be a valuable asset.”

Columbia Aircraft Finance can also direct eligible customers on
where to find tax savings and can assist in setting up aircraft
insurance. CAM looked to Bruce Cady, an experienced and respected
veteran of the aircraft financing world, to help establish Columbia
Aircraft Finance. Cady has built other successful programs in the
past and is well versed in the complex world of financing new and
used aircraft and navigating FAA requirements.
“Columbia Aircraft Finance is located in CAM headquarters
in Bend, Oregon and will be instrumental in making the process of
taking delivery of a new aircraft a seamless experience,”
Cady said. “Traditional banks and other lending institutions
often don’t have much experience financing aircraft, can be
overly complicated, and may be more expensive for the
buyer.”

The mission of Columbia Aircraft Finance is to provide the most
competitively priced financing and prompt and meticulous service so
the customer can focus on the joys of accepting delivery of their
new Columbia aircraft. Columbia Aircraft Finance currently has
financing programs that allow a buyer to purchase a Columbia
aircraft with little or no money down and with repayment schedules
as long as 25 years.

“Columbia Aircraft Finance will help our customers save
money as well as avoid the difficulties and delays that can occur
when financing an airplane. This is one more way we can fulfill our
objective of making the Columbia aircraft ownership experience the
standard that others will be measured against,” Bolinger
said.
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