Sam Harris, President of JetLoan Capital, based in Stuart, Fla., announced the company completed five aircraft financing transactions in March 2018. The transactions are as follows:

• Refinancing of a 2002 Citation X with an interest rate of 5.07 percent, 42-month term and 144-month amortization for a client who uses the plane in a Part 135 Operation;
• Acquisition financing for a 2001 Lear 60 with an LTV of 75 percent, 5-year term, and a 15-year amortization for a high net worth client located in the Southeast U.S.;
• The refinancing for a Bell Helicopter with an LTV of 75 percent, interest rate of 4.24 percent and a 240-month term for a high net worth client in Southeast U.S.;
• Acquisition financing for a new Cirrus SR22T, 80 percent LTV, interest rate of 4.24 percent and a 240-month term for a high net worth client in the Southeast U.S.; and
• Acquisition financing for a 1982 Cessna 340A with an LTV of 85 percent, 240-month term and an interest rate of 4.99 percent for a high net worth client located in the Northeast U.S.