By Staff Writer | January 1, 2008
These are uncertain times in the lending industry. The crisis in the subprime mortgage market has made many lenders nervous, and the effect is trickling down to the equipment and aviation lending industry.
But not with Capital Center Corporation. Established in 1987, Center Capital is a well-informed firm of experienced aviation finance professionals, who understand the dynamics of the rotorcraft marketplace and its long-term potential. The result: "While many lenders are ‘tightening up’ on underwriting policies, we’re staying the course," says Greg Renna, SVP and GM of Center Capital’s General Aviation Division. "We’re a direct lender that knows the U.S commercial helicopter market inside-out, and have three regional dedicated helicopter loan experts on staff to process your loan quickly."
In six short years, Center Capital has become one of the most active helicopter lenders in the industry by providing structures that meet operators’ needs. In particular, "our loan products are unique," Renna says; "upon approval, any one of our customers have the option to use any or all our CAP LOAN program features." These include Convertible loans, where customers can convert their variable rate to a fixed rate at any time during the loan term; Assumable loans, where the buyer can assume the seller’s existing loan; and Portable loans, where "Our customers can ‘change out’ or port their loan to another aircraft while keeping their loan in place," says Renna.
"We also finance every kind of helicopter, from single-engine pistons to large twin-engine models," he adds. "From financing to credit; documentation to ongoing customer support, we’re there for you." You can learn more about Center Capital by visiting booth 1631 at Heli-Expo 2008.
Center Capital Corporation 3 Farm Glen Boulevard, Farmington, CT 06032, Phone: 866-782-0001, E-mail: firstname.lastname@example.org, Web: www.centercapitalcorp.com.