Please contact Diversified Alliance Funding today at 847-224-3817 or e-mail your completed Aircraft or Marine Note Submission Worksheet for us to see if the transaction meets our financial criteria.
An Aircraft/Marine note is a promissory note signed by the owner of a aircraft/watercraft, promising to make specified payments to the holder over a specified period of time. Repayment is secured or collateralized by a lien against the title to the aircraft/watercraft, or in some cases by an aircraft/marine mortgage. These notes may be transacted individually or in portfolios.
Aircraft notes may be secured by:
Marine paper may be secured by all types of water craft, including:
For aircraft/marine manufactures and dealers we can also work with you to arrange point of sale funding. This allows you to offer financing to your customers without having to secure bank lines of credit. Funding sources can also serve as an alternative form of financing source to flight schools that have trouble securing funds from banks due to length of time in business to purchase aircraft.
Our funding sources buy for cash:
Benefits of selling aircraft/marine notes
Immediate cash to the seller, which the seller can use for another purpose.
The seller no longer has to collect payments on the note and no longer has risk of non payment from credit customers.
Aircraft/boat manufactures and dealers can use the cash to purchase more inventory or open another location.
Placing loans with a funding source at point of sale allows the dealer to offer better credit terms to customers without securing a bank line of credit.Here you can get Aircraft or Marine Note Submission Worksheets.
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