Frequently Asked Questions
  1. Does GE Corporate have any aircraft for sale/lease and who should we contact?
  2. When does leasing versus buying an aircraft make sense and why?
  3. What is your rate structure?
  4. How much do you require as a loan down payment or lease security deposit?
  5. What is the typical term and amortization?
  6. What closing costs are involved?
  7. Do you require personal guarantees?
  8. Is there an age limit on the aircraft GE Corporate will finance?
  9. Do you do interest only loans?
  10. How long does it take for my transaction to be approved once submitted?
  11. What unique structures do you offer?
  12. What information is required for your underwriting process?
  13. Who is the Sales Representative that covers my region?
  1. Q: Does GE Corporate have any aircraft for sale/lease and who should we contact?
    A: From time to time we have returned off lease aircraft for sale or release. A current listing of available aircraft is located within the website under Shop for Aircraft. Also found here is a listing of GE Corporate's Preferred Dealers, which list aircraft for sale.
    View Aircraft For Sale

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  2. Q: When does leasing versus buying an aircraft make sense and why?
    A: Leasing is generally preferred to ownership for those companies and individuals that cannot fully utilize the tax depreciation benefits of ownership or in instances where "Off Balance Sheet" treatment is desired for financial covenant or regulatory considerations. As the aircraft owner, GE Corporate is able to effectively utilize tax depreciation and pass those economic benefits to its Lessees. Lessees further benefit from the tax deductability of lease payments as current expenses. Also since the lease is usually off balance sheet, lessees' financial statements benefit from favorable financial leverage ratios. Leasing additionally offers significant cash flow benefits versus leans due to GE Corporate's assumption of the aircraft's future value or residual risk, and hence market devaluation and technological obsolescence risk.

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  3. Q: What is your rate structure?
    A: This is a good question that is difficult to concisely answer as our pricing policy differentiates by many factors such as transaction size, term, fixed rate, floating rate, etc. In fact, many of our customers choose a combination of fixed and floating rates for their aircraft purchases. The best way to determine our rate structures is to contact one of our sales representatives with a request for a quote.
    Contact Us Now

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  4. Q: How much do you require as a loan down payment or lease security deposit?
    A: The required down payment/security deposit directly depends on the credit strength of the borrower/lessee and the valuation of the specific aircraft under consideration. Generally speaking however, 10% to 15% is usual.

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  5. Q: What is the typical term and amortization?
    A: Again this depends on the situation, however terms and amortizations of 7 to 15 years are typical.

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  6. Q: What closing costs are involved?
    A: Closing costs for U.S. based transactions are generally limited to a minimal documentation fee of 1/10th of 1% of the amount financed. International customers are additionally asked to reimburse GE Corporate actual out of pocket expenses incurred in connection with the transaction.

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  7. Q: Do you require personal guarantees?
    A: Guarantees are typical for transactions in which the borrower/lessee possesses limited financial capability or is a special purpose or shell company.

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  8. Q: Is there an age limit on the aircraft GE Corporate will finance?
    A: There is no specific age limitation, however, GE Corporate prefers to finance/lease aircraft less than 20 years old.

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  9. Q: Do you do interest only loans?
    A: Depending on the level of investment in the aircraft, an interest only period can be structured into an amortizing loan.

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  10. Q: How long does it take for my transaction to be approved once submitted?
    A: U.S. based transactions generally take 3 business days to be decisioned from the time we receive all necessary financial information. International transactions, due to their complexity, may take 2 to 3 weeks to decision.

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  11. Q: What unique structures do you offer?
    A: GE Corporate is proud to be the industry leader with the most comprehensive financial products available anywhere. Our products encompass traditional fixed and floating rate leases and loans to highly structured tax oriented leases with built in upgrade termination flexibility. Step and seasonal payments may be combined with any structure. We additionally offer international structures in a variety of currencies on both a cross border and foreign "in country" basis.

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  12. Q: What information is required for your underwriting process?
    A: By standard practice we require the latest three years financial information (audited) or personal tax returns together with a current signed personal financial statement, one bank and two trade references. As each transaction is different, we may require additional information.

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  13. Q: Who is the Sales Representative that covers my region?
    A: Please refer to the locations listings within the website.

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