Commercial Aviation Service
The Lessee needed to raise money due to a slowdown in the industry causing a strain on working capital requirements. They were looking for an extended bridge loan to help them get through. We learned that they had a significant amount of exiting equipment on the books. The solution was to do a sale lease-back on some of that existing equipment, thus freeing up a good amount of cash for them to work with. We utilized an operating lease structure in order to keep the monthly payments to a minimum for the Lessee.