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To apply for an aircraft loan, please
apply online or download and submit the following forms:
A credit/cash flow application
requires two years of complete tax
returns, and a current pay stub.
Our credit-only does not require tax
returns.
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Franchise Financing / Business Loans
Financing available for most franchises, and other types of businesses including tanning salons, medical and professional practices, automotive centers, etc.
Generally, you will need to provide 10-20% equity investment, have adequate collateral, and good credit. Start-ups require a business plan. Minimum loan amount is $100,000.
Interest rates depend on the strength of the borrower and the franchise, but a range of prime plus 1.0 to 2.75 points is typical.
Business loans of all types are actively sought. Relevent experience, or having a manager with experience, is required. Generally, the owner will be required to inject 20% equity.
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Airplanes
Click on each underlined program to see specifics:
- Credit-only; (No tax returns, no proof of income, does not report on your credit!) Our most popular program! Please click here to learn more!
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 CFS is accredited by the Better Business Bureau
Type aircraft and usage include:
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General Aviation private or corporate;
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Crop dusters (Ag planes);
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Light Sport (LSA);
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Turbine-powered airplanes;
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Air-Taxi, charter applications on a case by case basis;
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Lease-backs, flight schools, overhauls and upgrades, and transport category parting out.
Aircraft used for commercial purposes (Ag planes, Life Flight helicopters, etc) may be eligible for our leasing program.
Corporate-use aircraft have special programs that do not require financial disclosures!
Recent transactions and capabilities:
- Eclipse microjet
- 1979 Learjet-refinance
- Diamond DA20
- Mooney M20E
- Robinson R44 helicopter-purchase
- Robinson R22 flight school-purchase
- Piper Turbo Malibu-refinance and engine overhaul
- Storm Rally Light Sport Aircraft-purchase
- Cirrus-refinance
- C180 float plane
- 1976 Islander-refinance
- PZL 104-80
- Bell OH-58 Aerial application helicopter-purchase
- Beech Baron
- Cessna 206
- Cessna 421
- 1975 Cessna 172
Credit only application (No Doc/Stated Income)
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Aircraft low doc loan program
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If you want a simple and fast finance, or you are self-employed and have been turned down because of inadequte cash flow, we have a Solution for you!
- NO TAX RETURNS REQUIRED!
- Max loan amount $100,000 (includes $400 title fee), minimum is $40,000
- Max LTV 85%
- 15 year amortization (20 year for newer airplanes)
- Does not show on your credit report! This is a non-reporting transaction. By not showing on your credit report, it won't lower your credit score!
- GREAT RATES!
The simplicity of this program is that if your aircraft is acceptable, your credit is fair, your cash on hand and stated income is adequate, YOU'RE APPROVED!
All we need is a:
- completed application
- spec sheet on the aircraft
- May be titled in an LLC, but must have a personal guarantor. We will need the LLC Certificate of Organization and Operating Agreement!
Our credit-only application simply requires your Experian credit score be above 670! This is the perfect loan for someone who has variable income (real estate developer?), or low income for tax reporting purposes, or YOU JUST DONT WANT TO SUBMIT TAX RETURNS! You do not submit tax returns-you simply state your income on the application. (Not available for flight schools)
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Credit/cash-flow program
- Lower interest rate, longer term than the stated program;
- Loan amounts $50,000 to $10 million
- Terms up to 20 years
- All ages of aircraft are acceptable.
- Two years personal tax returns required
Aircraft Rate Sheet (rates vary and are subject to change)
No Limit on Age of Aircraft
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AGE
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DOWN
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AMOUNT
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TERM
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RATE
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NEW/USED
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10%
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$50K to $74,999
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240 MONTHS
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6.35%
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NEW/USED
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10%
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$75K to $499,999
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240 MONTHS
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5.99%
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NEW/USED
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10%
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$500,000+
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240 MONTHS
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6.10%
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NEW/USED
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20%
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$500,000+
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240 MONTHS
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6.05%
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Robinson
Heliopter
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10/20%
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180
MONTHS
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7.4%/7.2%
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| MICROJET |
20%
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240
MONTHS
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7.25
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Lease back add .25%
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Schools add .50%
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LSA contact us for most current rate
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All fixed-rate loans, simple interest, no prepayment penalty
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Corporate Program: Loans $2 million and up, 15 to 20 year term
Click to
Submit your application online, or download and fax
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Microjets
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Private, Corporate and Air Taxi
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Air Taxi must have adequate cash flow history, or significant reserves
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80% loan to value
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Rates from the low 7's
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up to 20 year amortization
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Asset Based Program
- Loan amounts $1 million and up
- Rates from the mid 5's
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Aircraft 1983 or newer (pre 1983 on a case-by-case basis)
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Aircraft usage corporate or personal (not to exceed 25% charter)
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Does not require any financial disclosure (i.e., no tax returns, no financial statements) on the part of the applicant (Ideal for those high net-worth individuals seeking privacy).
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non-recourse (no personal or business guarantee)
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Interest-only or fully amortized options
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70% Loan to Value maximum
Robinson Helicopters
We are actively lending on Robinson!
As of 9/30/2008, we are actively lending on these aircraft.
Today's rate is 6.35%, 15 year amortization for personal/business use!
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Newer helicopter, private use, rates from 6.25%, 80% LTV
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For leaseback or flight school use, 7.5%, 80% LTV
*See below for application
Robinson Core Rebuild Financing
Submit your application online, or download and fax
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International
We can offer loans in most countries throughout the world,
63 different countries, and counting! Including Latin America, Caribbean and South America, Europe, Asia, Middle-East, Africa.
- Private or business use only-no "scheduled" operators.
- Minimum loan amount $750,000
- Lease or purchase
- rate and term are determined based on aircraft, borrower, usage, theater of operation and other factors
- Political risk insurance coverage may be required
- Background checks are done on guarantors
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Equipment Leases
Including Commercial Real Estate, all types of equipment, aircraft used for commercial purposes.
Two Programs:
NEW! Application Only for amounts up to $250,000!
At least 3 years in business
Minimum Paydex/FICO 60/675
End of lease options include: $1 buy out; 10%/20% Purchase Option; Fair Market Value; Extended Buy Out
Fast quote on Application Only programs
or,
Full documentation program up to $10 million!
Commercial use aircraft will generally be 10 year term with several end of lease options. Off balance sheet is available.
Click to download a Lease Application
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Gas Station/Convenience Store
Branded and non-branded
As of September 30, 2008, we are offering loans on Owner-Occupied gas stations with real estate only. No investor stations, no business-only loans. We are offering this loan only with the SBA 7(a) program.
Loan information:
Home
Mobile Home Park
Acquisition, refinance, construction
3 star or higher
Up to 30 year amortization
1.20 DSCR
5 star parks over $1 million receive outstanding rate/term, as low as 5.95%
Please fill out the questionnaire so we may offer you a no-obligation quote
Mobile Home Questionaire (PDF Document)
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RV Park
Acquisition, refinance, construction
Up to 80% LTV
Up to 30 year amortization
Priced individually, please contact us with your specifics
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Hotels
Flagged and Unflagged,
Interior and Exterior entry
Up to 85% LTV
Terms up to 25 years
Relevant experience required
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Assisted Living
Acquisition, refinance, rehab, construction
FHA 232, HUD 504 programs, bridge financing
Up to 90% LTV
Up to 40 year amortization
Construction to perm financing as an "automatic" transition
Non-recourse
Low fixed-rate
Rehab repairs generally must exceed $6,500 per unit
Let our experts help you through this process!
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Value added (Properties with a story)
Properties where there is underlying value
Credit issues ok if there is a "story"
The property/business will dictate the feasibility
Examples include partially completed subdivisions,
strip malls, other developments in urban areas
Borrower will need to be investing equity
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Bridge Loans and Hard Money
$500,000 minimum loan amount
up to 75% LTV
Stated Commercial Bridge Loans-No tax returns!
Our bridge loans are concerned with two things: equity and assets. If the cash is there, then there is no reason the deal can’t go stated. We’d be happy to pass on tax returns in lieu of a good down payment or significant reserves – and we’ll close it for you in two weeks with a full package (including appraisal).
Don’t let a good deal die if it’s just a matter of tax returns!
Bridge Loan Features:
- $500,000 to $5,000,000
- 12 month term
- Interest only
- Prime + 2%
- 4 points
- 75% max LTV
- Quick response
- No prepayment penalty
IF YOU ARE SEEKING A HARD MONEY LOAN, BEWARE OF PAYING A BROKER ADVANCE FEES! CFS DOES NOT CHARGE ADVANCE FEES, BUT THE LENDER DOES. FOR MORE INFORMATION ON THIS SUBJECT, PLEASE CLICK ON THE LINKS BELOW TO RECENT WALL STREET JOURNAL ARTICLES. THE MONEY YOU SAVE WILL BE YOUR OWN!
REMINGTON FINANCIAL GROUP
ADVANCE FEE SCHEME
CFS is accredited by the Better Business Bureau
HARD MONEY
Hard money is available on ships, aircraft, real estate, oil and gas reserves, and other assets.
Rates begin at 10%
There is no pre-payment penalty.
You will need to submit a general outline of the transaction. Click here to download
a sample form (please note, I will only accept submission in this format. If you have
an executive summary or business plan, I will look at that later).
Real Estate max loan amount is 75% LTV.
Oil and Gas are at 30% of the 10% net discounted value.
Paintings are 30-50% Please note, this is for masterpiece caliber, not "collectibles". Masterpiece art will typically have a catalog reference.
Ships and aircraft are at 50% of a value between salvage and quick sale.
Quick Sale is the price the asset would fetch within four months of marketing. This is likely below the appraised value for real property, and in the case of movable assets (like ships, and older aircraft) somewhere between salvage value and appraised value. I will caution all borrowers that this is the issue on which the transaction hinges.
Repayment plan-How are you going to repay the loan? Is your plan realistic?
Factoring is getting paid money today that you wouldn't normally receive until a later date. One of the major determinates of factoring is the credit worthiness of the entity that owes YOU money. The reasons you may want to consider a factoring arrangement include the immediate availability of funds (use to pay your current bills or to reinvest) and it's often used in lieu of debt financing.
Factoring is available to start ups or established companies. Generally, we assist companies with annual sales of $100,000 to $25,000,000.
We are aggressively seeking clients in the traditionally factored industries of Textiles, Apparel, Furniture and Carpet, as well as other commercial industries.
For example: Trucking Temporary Employment Commercial Printing Wholesale Distribution Auto Parts Injection Molding Computer Hardware
We work with clients whose credit profile may disqualify them for bank financing. Given that we are relying on the client's A/R for repayment, we can work with a client who falls outside of traditional bank lending parameters. Our objective is to provide a flexible financial alternative through which our client will grow, develop business and ultimately obtain bank financing. The following list summarizes some of the situations which may prevent a bank from extending credit. In most cases, however, we will work through these issues and provide the client with vital working capital.
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Start-up companies with limited track records
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Rapid growth with constantly increasing capital needs
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Operating losses
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Minimal or deficit net worth
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Tax liens
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Personal/Business bankruptcy
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Insurance and Human Resources
The small business owner has unique insurance and Human Resource needs. We have several products to provide solutions. Featuring inexpensive Term Life insurance (required for some loans-the policy is assigned to the bank), Universal Life, Fixed and Indexed Annuities, employer provided medical plans, benefits administration, workman's comp, disability, and payroll administration. Depending on your specific situation, we may be able to add you to our pool of employers and qualify you for rates lower then those you would be able to get on your own. HR and insurance are complicated and require individual consideration. Please contact us to receive a complimentary consultation and a free quote.
Professional Employer Organizations (PEO)
Defined: A co-employer relationship is created by utilizing a common tax id number and pooling hundreds of companies with thousands of employees to assume the responsibility and liability of administering:
- Payroll
- Workers' compensation insurance
- Employee benefits
- Human resources
- Safety and loss control
- IRS & government compliance
Key Advantages
You are no longer liable for:
- Workers' compensation audits, administration, yearly rate negotiations
- Medical insurance claims & benefits administration
- State unemployment claims & administration
- Payroll tax late filing penalties
- IRS & government compliance issues
Administrative Service Organization (ASO)
Defined: An administrative service that utilizes YOUR tax id number and offers the technology, internal personnel, and outside vendors to assist businesses in the following areas: (no co-employer relationship)
- Payroll
- Workers' compensation insurance
- Employee benefits
- Human resources
- Safety and Loss Control
- Government Compliance
Key Advantages
- You can maintain your own workers' compensation insurance policy
- You can maintain your own new hire forms
- You can choose not to utilize certain employee benefits
- You will not have to comply with certain government regulations like COBRA or FMLA by not filing under a common tax id number
Insurance and Investment Options
Defined: Utilizing the highest volume insurance agents in the region to offer and favorably negotiate brand name insurance and investment programs that are based on your particular business and employee size. Employee benefits: Medical, Life, Dental, Vision, 401(k) Plans, LTD, STD, etc. Buy-Sell Agreements, Executive Life Insurance, Deferred Compensation Plans, Estate and Financial Planning, Workers' Compensation and General Liability Insurance Programs
Payroll Administrative Services
Defined: Utilizing payroll processing services to administer the payroll function for your business.
Payroll Administration
- Payroll Processing, checks and distribution
- Federal and state tax deposits
- Direct Deposit
- W-2 processing
- Time clocks
- Internet time entry system
Human Resource Services
- Employee Handbooks
- Compensation Planning
- HR Policy Manuals
- Incentive Planning
- Job Descriptions
- Performance Management
- Client Satisfaction Survey
- Employee Evaluations
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