Germantown, TN - When it seems that almost every bank or financing source is tightening lending requirements and reducing the amount and type of loans they are willing to make, one segment of the marketplace is booming...very light jets.
Its getting harder and harder to find money to buy small aircraft that are purchased for under $100,000, but for some reason there are a lot of banks ready and willing to loan money on very light jets that range in price from $1.5 million to as much as $3.0 million.
If you are not familiar with very light jets, they were previously known as a microjet which is a small jet aircraft approved for single pilot operation which seats 4-8 people and weighs less than 10,000 lbs.
Very light jets have lower operating costs and can take off from runways as short as 3000 feet which makes them able to land at many more small airports across the USA.
The top 3 providers are Cessna, Eclipse and Adam with a total of 3000 airplanes already ordered. Unfortunately demand for these planes has outstripped the ability to produce them to the point that Eclipse has 2,500 on back order.
The VLJ (very light jet) ability to take off and land on shorter runways has made it a viable candidate for an on demand air taxi many business owners have been dreaming of for years.
What's even better is that getting money to buy one of these VLJ's is surprisingly easy. Many of the big lenders are drooling over the chance to get some loans for VLJ's in their portfolio.
If you're looking to buy a VLJ, contact me immediately at my insta-quote page and note that you want a loan for a VLJ and I will hook you up!
Rates are good and lenders are hungry to loan money...and that is a great combination for you!
Not only will I work hard to get you the money you need, I'll help you justify the expense in time saved, convenience and other factors that you have not considered so you can present the proposal to your wife, partners, board of directors or your financial advisor.
Call me right now at (901) 326-3663 to get the latest rates and terms these ravenous lenders are offering on Very Light Jets.
If you prefer, you can also contact Mike by e-mail at the following address:
mholland@aircraftloanstore.com
Mike can tell you the ins and outs of financing an aircraft and will help you avoid making the mistakes that most people make when buying whether it is your first purchase or your a pro.
It does not matter whether you are financing a small aircraft for personal use or a private jet for business use, Mike can help you get the loan that you need. |