scension Aviation has developed several unique leasing products designed exclusively for general aviation aircraft. Our leasing models can be tailored to provide economical solutions for individual aircraft owners to large aircraft fleet operators.
Credit Based Operating
Lease Product
This Product is available for customers, which have significant credit strength. Our typical Credit-based Operating Lease client, prefers to provide little down payment on their lease, due to their desire to have strong capital reserves, or the ability to focus their liquid assets in other revenue generating activities.
Credit Based Capital Lease Product
Ascension Aircraft has developed an Credit-based Capital Lease Product, which allows companies or individuals with prime credit, to obtain access to new or late model aircraft. Ascension's Credit-based Capital Lease product looks like an operating lease for Financial Accounting Standards Board (FASB) purposes, but looks like a loan for tax purposes. For companies and individuals, with the desire to have an option for a fixed-purchase price, this is an excellent choice.
Asset Based Operating Lease Product
Ascension has also developed an Asset-based Operating Lease Product. This product is an excellent choice for companies or individuals without prime credit, but access to sufficient capital, and still desire a standard operating lease. Under Financial Accounting Standards Board (FASB) Operating Leases are not required to be shown on the balance sheet of the lessee. This allows the lessee to obtain a better financial profile for reporting purposes, but retain access to valuable equipment, such as corporate or flight training aircraft.
For more information on which leasing product may suit your company's requirements, please email Ascension's office at: leasing@ascensionaircraft.com, or call our office at: (404) 991-2362.
