system of the United States, there have been some indications. What Does the Future Hold? Textron Systems: Unmanned Systems 36 reviews Hunt Valley, MD Bell, Textron Aviation, Industrial, Textron Systems and Finance. Jobs in Tallahassee, FL - Tallahassee jobs Salary Search: Financial Planning Analyst salaries in Tallahassee, FL Learn more about working at Kimley-horn and Associates, Inc. Clearly a year ago you had some very aggressive liberal things happening because of the number of players and because of the easy access to capital that was present, and that was making borrowing too easy and making terms and conditions too flexible, said Reinarz. Early this year, there were too many lenders/brokers and too much money chasing too few deals, said PNCs Starling. A Federal Reserve Bank survey of finance industry senior loan officials released last month bears out that opinion. The economic crisis has contributed to a 75-percent increase in the number of requests for our asset-based loan product, explained Wayne Starling, senior vice president for sales and marketing at PNC Aviation Finance. Your security value is going down, and maintenance and storage costs are driving your exposure. With such growth, lenders not surprisingly are keeping a close eye on pre-owned aircraft values, as well as factoring in other considerations such as costs associated with the possible resale of repossessed aircraft (see When the axe falls on page 22). What we are seeing now is that many of the lenders that were in aircraft financing or offering aircraft financing have either withdrawn or changed their approach to aircraft lending, said Greg Renna, senior vice president of Webster Bank subsidiary Center Capitals general aviation division. You might have a low-time older aircraft that is in excellent condition, but if 20 percent of the fleet is for sale, the lender if necessary will not be able to get top dollar and the airplane can be expected to take much longer.
According to Adam Warner, president of Key Equipment Finance, Interest rates are higher, too, about 100 basis points 1 percent higher than just three or four months ago and 200 basis points higher than at this time last year. Concerns about such equations have caused many lenders to scrutinize more closely the type and age of aircraft they will finance. However, with backlogs at an all-time high, the OEMs are in a strong position. I do believe that gtdt has a real future and, according to me, it's one of the best legal database I've ever had access to in these last 10 years. I dont think the road block is the loan. Desired Experience: Microsoft Office Results Page: Next » Be the first to see new Aviation Finance jobs Finance Intern salaries in United States.87 per hour Indeed Salary Estimate Please note that all salary figures are approximations based upon third party submissions to Indeed. Experience Level, textron Systems: Unmanned Systems 36 reviews, hunt Valley, MD, bell, Textron.