Uploaded on Sep 10, 2020
A top aviation finance law firms Private Client team requested a meeting with our MD in order to assist with sourcing aircraft finance to assist with their clients purchase of a Bombardier G6000 business jet.
Silver Oak Capital Top Aviation Finance Law Firms
Silver Oak Capital:- Top Aviation Finance Law Firms Call:- +44 2074594440 A top aviation finance law firms Private Client team requested a meeting with our MD in order to assist with sourcing aircraft finance to assist with their clients purchase of a Bombardier G6000 business jet. Their client was of Egyptian nationality and would require an operating lease agreement for the aircraft which would be used predominantly to fly Cairo – Dubai – London. The client wanted to finance 80% of the purchase price which was $35 million USD. The client’s law firm had already sourced a used aircraft which fitted the clients desired annual flying hours and therefore only required our services to obtain the aircraft loan. The borrower was the CEO of a large middle-eastern construction company with operations throughout the GCC. Loan affordability was not of any concern for a loan of this size. Problems To Solve The clients’ nationality (Egyptian) would place him in the high risk category for most European lenders. He also required a high loan to value which would prove challenging for an aircraft that was over 8 years old. Solution Provided Fortunately our knowledge of the aircraft finance market allowed Silver Oak Capital (in partnership with the client’s legal representatives) to place the loan with a German lender able to produce the desired loan criteria to the clients satisfaction. Aircraft Finance Facility £28 million 80% Loan to Value Fixed Rate 3.99% per annum Term 60 months Quarterly repayments 30% Balloon payment at maturity A/C Reg: Gibraltar / SPV Jurisdiction: BVI Contact US For More Details, Visit https://www.silveroakcapital.co.uk/ Call:- +44 2074594440
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