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Leasing & Financing

Whether you are a business executive looking to invest in new equipment or a vendor seeking financing options for your clients, you can leverage flexible financing through First American.

Case Studies

See firsthand how organizations have achieved their goals with customized financing from First American.

Private Aviation | 2016 Gulfstream G650ER Aircraft

Financing Fleet Addition to Keep Up with Charter Demand

Fast Facts

Industry

Private Aviation

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Organization

Aviation Services Business

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Client Since

2022

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Equipment Financed

$33,700,000 2016 Gulfstream G650ER Aircraft

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Financing Structure

5-year term, 18-year mortgage-style amortization

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Industry Specific Fact

The Gulfstream G650ER jet ranks in the top 5 private aircraft for distance, which is an asset in the charter aviation business because it can accommodate long-haul flights without refueling. 

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Industry

Private Aviation

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Organization

Aviation Services Business

Building Icon

Equipment Financed

$33,700,000 2016 Gulfstream G650ER Aircraft

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Client Needs to Acquire New Jet While Maintaining a Healthy Cash Flow

An aircraft services company purchased a 2016 Gulfstream G650ER for corporate use with a plan to generate additional income by leasing it out as part of their charter services fleet, a business experiencing growth with pandemic and post-pandemic demand. Initially, the client purchased the aircraft outright but later decided to replenish liquidity through refinancing.

The client initially purchased the aircraft outright but decided to replenish liquidity through refinancing.

A mortgage-style financing solution allowed the client to budget for monthly payments that aligned with the expected income generated by the jet’s charter flights.

Aircraft Industry Expertise Earns Client’s Trust

Aircraft financing solutions are complex due to various filing, appraisal, and loan maintenance requirements. While many lenders and lessors have difficulty navigating these obstacles, First American has a well-established reputation for managing these details and executing quickly on tailored aircraft loan structures for corporations and high-net-worth individuals. 

This client was referred through a peer recommendation from an established First American aircraft lending client. Our standing in the aircraft industry was a key factor in why the client trusted us with this initiative.

A mortgage-style financing solution allowed the client to budget for monthly payments that aligned with the expected income generated by the jet’s charter flights. The client chose a floating rate loan that can be adjusted in response to the economic environment.

Client Needs to Acquire New Jet While Maintaining a Healthy Cash Flow

An aircraft services company purchased a 2016 Gulfstream G650ER for corporate use with a plan to generate additional income by leasing it out as part of their charter services fleet, a business experiencing growth with pandemic and post-pandemic demand. Initially, the client purchased the aircraft outright but later decided to replenish liquidity through refinancing.

Aircraft Industry Expertise Earns Client’s Trust

Aircraft financing solutions are complex due to various filing, appraisal, and loan maintenance requirements. While many lenders and lessors have difficulty navigating these obstacles, First American has a well-established reputation for managing these details and executing quickly on tailored aircraft loan structures for corporations and high-net-worth individuals. 

This client was referred through a peer recommendation from an established First American aircraft lending client. Our standing in the aircraft industry was a key factor in why the client trusted us with this initiative.

A mortgage-style financing solution allowed the client to budget for monthly payments that aligned with the expected income generated by the jet’s charter flights. The client chose a floating rate loan that can be adjusted in response to the economic environment using any of RBC’s rate-hedging products.

The results

Revenue-Generating Jet Covers Monthly Payments & Allows Client to Reinvest in Business

The results

Revenue-Generating Jet Covers Monthly Payments & Allows Client to Reinvest in Business


$33,700,000

to re-invest in their business

First American’s solution gave the client $33.7MM to re-invest in their business while the Gulfstream is used as a revenue-generating asset to cover monthly payments.


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Financing for What's Next

What could you do with more funding?

From capital projects to equipment purchases, learn how First American can help fund your organization's needs.