Florida’s Abba Equipment Leasing Expands Its Aircraft Leasing Program to Include Vintage Aircraft
Abba Equipment Leasing continues to increase its list of aircraft leasing options to provide financing for any type of aircraft while specializing in the difficult-to-place category, such as experimental, vintage and jumbo jets.
SPRING HILL, Fla., Jan. 21, 2014 /PRNewswire/ — Aircraft are especially well suited for Leasing, as opposed to outright purchase. Companies and individuals can avoid the huge capital outlay required for Down Payments, and thus have the cash available for other business purposes, such as marketing and growing the company. Certain types of aircraft, such as vintage aircraft, are very hard to place with a Leasing company. Abba Equipment Leasing has announced that it welcomes Vintage Aircraft enthusiasts, and now reports that they will handle any type of aircraft. They have a staff of financing experts that have the ability to craft the perfect lease for all clients, according to a company spokesperson.
Abba Equipment Leasing points out that leasing shifts the residual value risk to the lessor. This is significant because aircraft values depreciate over time. Meanwhile, lease payments can be written-off as a legitimate expense. Payments on Leases are usually a lot lower than the payment on an aircraft purchase. Shareholder or Insurance Liability issues can prevent many companies from making an aircraft purchase, which makes leasing an attractive option. Leases can be for short time periods, generally three years or longer. Of noteworthy mention is the fact that leasing makes it possible to walk away from the aircraft at the end of the lease without the hassle of selling an owned aircraft, or facing prepayment penalties for an early sale of a mortgaged aircraft.
Abba states that they have over thirty years experience in aircraft financing, including all types of aircraft. As one of the oldest sources of aviation financing, clients from all industries have a “one stop” financial source to meet their varied needs. It appears that leasing aircraft is the preferred method, as nearly one-half of all commercial aircraft are leased. This enables the access to the latest technology, and the avoidance of investing in a depreciating asset.
The Mission Statement by Abba Equipment Leasing is “To help business owners grow and prosper.” They offer both New Equipment Leasing as well as Used Equipment Leasing. Their team members are certified in a multitude of areas, such as: Aircraft Leasing and Financing, Restaurant equipment leasing, Bakery equipment leasing, heavy equipment leasing, medical equipment leasing, computer equipment leasing, equipment financing, office furniture leasing, farm equipment leasing, fitness equipment leasing and construction equipment leasing, and others.
For complete information, please visit: The Abba Equipment Aircraft Leasing Difference
Abba Equipment Leasing
Attn: Richard Reichmann
1261 Masada Lane
Spring Hill, FL 34608
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SOURCE Abba Equipment Leasing