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Fri, Jan 18, 2008

AirFleet Capital Joins Light Aircraft Manufacturers Association

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.

FMI:  www.AirFleetCapital.com

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