PROGRAM AGREEMENTS & AIRCRAFT DEALS
Verdant Commercial Capital Signs Program Agreement with Haulotte
Verdant Commercial Capital executed a multi-year vendor program agreement with Haulotte U.S., a manufacturer and supplier of people and material lifting equipment. The agreement provides retail financing for Haulotte equipment customers in the United States.
Pinnaca, GreatAmerica Partner on Innovative Purchase Options
Pinnaca partnered with GreatAmerica Financial Services to offer Pinnaca’s U.S.-based customers and partners new financing options. GreatAmerica will help Pinnaca customers acquire new technology and bundle hardware, software and cloud visual collaboration, and unified communications products and services into a single monthly payment through the AV-as-a-Service program.
UniFi Creates Financing Arm Partnership for SmartLift
SmartLift has teamed up with Ann Arbor, MI-based UniFI Equipment Finance, allowing the latter to provide monthly payment financing for customers. The companies will jointly market the new program.
DND Finance Partners with Aqiok to Create New Lending App
Aqiok, a managed B2B platform for prestige cosmetics distribution in key global markets, and asset-based lender DND Finance signed a multi-year agreement to develop a new app to provide well needed lease financing to cosmetics manufacturers and brands in North America and Europe.
Aviation Capital Finances One Airbus A350-1000 for Virgin Atlantic
Aircraft operating lessor Aviation Capital Group structured, arranged, and provided a guarantee of a senior secured loan by Apple Bank for Savings to finance a portion of the purchase price of one Airbus A350-1000 aircraft delivered to Virgin Atlantic Airways. Rand Merchant Bank, through FirstRand Bank, provided a subordinated secured loan to cover a portion of the purchase price.
Lion Air Receives Airbus A330-900NEO from BOC Aviation
BOC Aviation delivered an Airbus A330-900NEO aircraft to Lion Air. The aircraft is from the company’s existing order book.
Wizz Air Receives Fifth and Final Airbus Aircraft on Order with SMBC
SMBC Aviation Capital delivered one Airbus A321-200 aircraft equipped with two IAE V2533-A5 engines to Wizz Air. This is the fifth and final delivery to Wizz Air as part of a five aircraft sale and leaseback transaction.
Air Lease Delivers New Airbus A321-200neo LR to Aer Lingus
Air Lease delivered one new Airbus A321-200neo LR aircraft on long-term lease to Aer Lingus. This Airbus aircraft, featuring CFM International LEAP-1A33 engines, is the first of eight A321-200neo LRs scheduled to deliver to the airline through 2020 from Air Lease’s order book with Airbus.