Customized Aircraft Financing
Developing a financing strategy for your aircraft
Whether you are buying a new fixed-wing aircraft or refinancing or
refitting an existing one, you can pursue your objective with
financing solutions from U.S. Trust, in partnership with the Global
Corporate Aircraft Finance (GCAF) executives from Banc of America
Leasing that are aligned with your ownership structure and cash flow
needs. Benefit from our experience providing customized aircraft
financing to help meet your unique circumstances and
objectives.
To help achieve your aircraft ownership goal, you can rely on the advisors at U.S. Trust to draw upon the extensive resources of a leading financial institution and the comprehensive suite of aircraft financing products offered by the Bank of America Merrill Lynch Global Corporate Aircraft Finance group.1
Expert Analysis, Ideas and Advice
- Work with a team of dedicated experts and specialists who can address every facet of corporate aircraft financing from providing structuring advice to serving as your advocate in the marketplace
- Benefit from experts and specialists who can act in a variety of roles depending on transaction type and your financial, tax and asset needs
- Rely on a professional staff of originators, syndicators, attorneys, accountants, appraisers, industry-specific credit underwriters, contract administrators and equipment managers
- Look to in-house industry experts and specialists, including certified senior aircraft appraisers, aircraft maintenance inspectors, aircraft remarketers with broker-dealer resale experience, an airframe and powerplant technician, an asset specialist and an aircraft market research specialist
- Depend on our significant experience handling complex Federal Aviation Administration (FAA) regulations, international requirements and aviation insurance issues
- Profit from our ability to leverage capital market liquidity capabilities for new and portfolio transactions
- Count on our ongoing relationships with aircraft equipment manufacturers, dealers, suppliers, fixed base operators, aircraft management and maintenance firms
- Draw on our recommendations and connections to some of the leading experts in the industry to help you consider key issues related to tax benefits, ownership and aircraft registration
A WEALTH OF FINANCING OPTIONS
- New or pre-owned aircraft < ten years old
- $5 million minimum loan size preferred for the U.S.;
- $10 million minimum loan size preferred for Canada (smaller loans for strategic Global Wealth & Investment Management clients)
- Traditional debt financing, refinancing, tax and non-tax operating leases, asset monetization
- Five to ten years based on credit profile, product type and aircraft selection
- Contact assigned GCAF sales rep for a list of available pre-owned aircraft
To learn more about aircraft financing options, ask your U.S. Trust® advisor to arrange a meeting with a GCAF specialist.
1 Global Corporate Aircraft Finance is a division of Banc of America Leasing, a subsidiary of Bank of America, N.A.
“Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, leasing, equipment finance and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., both of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA.
Global Corporate Aircraft Finance is a division of Banc of America Leasing.
Consult with your independent attorney, tax advisor, investment manager and insurance agent for final recommendations and before changing or implementing any financial, tax or estate planning strategy.
Credit facilities are provided by Bank of America, N.A., Member FDIC, its subsidiaries or other bank subsidiaries of Bank of America Corporation, each an Equal Opportunity Lender. All loans and collateral are subject to credit approval and may require the filing of financing statements or other lien notices in public records. Asset-based financing involves special risks and is not for everyone. When considering an asset-based loan, consideration should be given to individual requirements, asset portfolio composition and risk tolerance as well as capital gains, portfolio performance expectations and investment time horizon. A complete description of the loan terms will be found in the individual credit facility documentation and agreements. Clients should consult with their own independent tax and legal advisors.
U.S. Trust operates through Bank of America, N.A., and other subsidiaries of Bank of America Corporation. Bank of America, N.A., and U.S. Trust Company of Delaware (collectively the “Bank”) do not serve in a fiduciary capacity with respect to all products or services. Fiduciary standards or fiduciary duties do not apply, for example, when the Bank is offering or providing credit solutions, banking, custody or brokerage products/services or referrals to other affiliates of the Bank.
