Cessna Airplane for Collateral
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  1. #1

    Cessna Airplane for Collateral

    Hello Everyone,

    Any suggestions for a merchant who owns an aviation business and wants to use a plane for collateral? I don't know his finances yet,

  2. #2
    HI, I am a broker but have a lender that will lend 50% of the value and charge 3.99% per month. So if he gets 100k he pays $3990 a month.

  3. #3
    Senior Member Reputation points: 226631
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    If he wants to compound the plane, then go with PledgeCap.
    If not, I'll put you in touch with someone who might be able to help.

  4. #4
    Senior Member Reputation points: 68233
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    Good Morning BigFilesNoBS,

    The Financials are the biggest piece of the puzzle. Does the Client have the wherewithal to pay back a loan if he is leveraging M and E on the balance sheet?

    Work with several folks that can do this type of thing.. If Micah's contact can't assist please feel free to touch base..

    Richard

    rg@businesscapitalconsultants.com

    516 510 3855

  5. #5
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
    Nov 2014
    Location
    South Florida
    Posts
    840

    If its a Cesna Citation ? im looking to purchaase one.
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



  6. #6
    Member Reputation points: 3332
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    Send me some information on this and lets co broker some deals. PM me!

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