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, Bank of America’s Global Corporate Aircraft Finance (GCAF) division1 can provide funding through loans or leases for personal or corporate aircraft. GCAF specialists offer broad knowledge of aircraft financing options and can also share their industry expertise on topics such as valuation and various forms of ownership structures.
Expert analysis, ideas and advice from GCAF
- 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
- 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
- Benefit 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
Products and value-added services:
- Traditional debt financing
- Tax and Synthetic operating leases
- Capital Markets syndications and advisory services
- Preferred transactions ≥ $5MM
- Fixed and floating rates
- Long term and long amortizations
- Fixed-wing aircraft
- New and pre-owned aircraft
- High-net-worth individuals
- Privately held companies
- Large, publicly traded Fortune 1000 corporations
In-depth relationships with:
- Aircraft OEMs, dealers, suppliers, FBOs
- Aircraft management and maintenance firms
- Aircraft service providers
To learn more about aircraft financing options, ask your advisor to arrange a meeting with a GCAF specialist.
- Learn more about credit
- Explore more insights
Nonfinancial assets, such as closely-held businesses, real estate, fine art, oil, gas and mineral properties, and timber, farm and ranch land, are complex in nature and involve risks including total loss of value. Special risk considerations include natural events (for example, earthquakes or fires), complex tax considerations, and lack of liquidity. Nonfinancial assets are not in the best interest of all investors. Clients should always 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 and securities-based financing involves special risks and is not for everyone. When considering an asset-based and/or securities 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. For any loan with securities collateral, the securities or other assets in any collateral account may be sold to meet a collateral call as provided in the definitive loan documents and the client is not entitled to choose which securities or other assets will be sold. 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.