CGCF was able to provide the Lessee with diversified financing, despite revolving credit facility issues, for equipment located all over the world including the Philippines and the Gulf of Oman at very competitive interest rates.
Equipment: Fixed Wing, Helicopter and Ground Services Equipment
Lessee: S&P rated B- $800mm Aviation Services Company involved in all aspects of the aviation services industry including cargo carrying, air ambulance, offshore transport, firefighting, etc
Transaction: $402,839,000 Revolver, 1st & 2nd Lien Term Debt and Tax Lease
Highlights: The Lessee had long standing relationships with major national bank and independent equipment leasing companies until CGCF was allowed to demonstrate our capabilities to provide the lowest cost financing on all of their financing needs.
The Lessee placed a going concern statement in their audit letter due to some issues they had with their revolving credit facility. CGCF was still able to provide them with diversified financing for equipment located all over the world including the Philippines and the Gulf of Oman at very competitive interest rates.
EVERGREEN LETTER OF REFERENCE
“I have had the pleasure working with CG Commercial Finance along with their professional staff on multiple equipment lease financing projects…they have been able to quickly approve and document over $20 million in various equipment leases ranging for fixed and rotor-wing aircraft to ground logistics handling equipment…we at Evergreen Aviation have found CG Commercial Finance’s lease financing knowledge and expertise to be extremely advantageous to our company and look forward to a long and mutually beneficial relationship…I would recommend CG Commercial Finance to any company in need of any type of structured equipment finance.”
VP Finance, Evergreen Aviation, Inc.
CG Commercial Finance provides strategic equipment financing solutions for everything from GSE to engines and spare parts to helicopter and fixed wing aircraft. CGCF gives you competitive advantages with flexible leasing plans that include sale leaseback of existing assets to put liquidity back on your balance sheet.