Eclipse Aviation News
"Securing attractive financing options for the Eclipse 500 is an extremely important step in our company evolution, and it is a pleasure to welcome these respected financial institutions to our community of leading partners today," said Vern Raburn, president and CEO of Eclipse Aviation. "It's great to see established financial institutions demonstrate such strong confidence in Eclipse, the Eclipse 500 and its customers, thereby expanding the value we can deliver to our customers."
"Bank of America is pleased to work with Eclipse Aviation to offer financial solutions to our clients who are interested in this exciting new generation of jet aircraft," said Michael Amalfitano, Corporate Aircraft Finance executive for Bank of America. "Our financing options for the Eclipse 500 will make it easier for high net worth individuals to experience the value and performance this new product will provide."
"UBS, one of the world's leading financial firms, is excited to work with Eclipse Aviation to offer attractive financing for buyers of this visionary new concept in aviation. An aircraft as innovative as the Eclipse 500 deserves equally innovative financing alternatives and UBS is prepared to help Eclipse customers by providing customized solutions to their individual needs," said Mark Kolesar, Senior Vice President of UBS Financial Services.
Wells Fargo Commercial Banking, in conjunction with Wells Fargo Equipment Finance, Inc., has agreed to provide financing opportunities for purchasers of the Eclipse 500, said Richard Ziegner, manager for Wells Fargo Commercial Banking in New Mexico. "There's great synergy between our organizations, as we are known for our advanced business practices, progressive lending services and leadership in growth markets," Ziegner said. "We look forward to teaming up with Eclipse to provide financing for this exciting new breed of jet aircraft."
Each lending institutions will offer Eclipse 500 financing programs featuring competitive rates and terms, and payment programs tailored to meet individual customer requirements. Eclipse will work closely with each lender, enabling lenders to provide fast, convenient and flexible financing options to Eclipse 500 customers.
Eclipse Aviation is in the business of designing, certifying and producing modern, affordable jet aircraft that will revolutionize the transportation market. The company is applying advanced electronics systems, manufacturing and business practices to produce aircraft that cost less than a third of today's small jet aircraft, will be significantly safer and easier to operate than those of today, and have the lowest cost of ownership ever achieved in a jet aircraft.
The goal of Eclipse is to bring the word "personal" into aviation, making it possible for commercial air passengers to move directly between cities on a quick, affordable and convenient basis. It will also allow pilot owners to enter the world of jet-powered aviation.