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Post by gaspilot on Oct 20, 2014 13:45:05 GMT
Can I ask what happens if the aircraft loan isn't fully funded by the end of the auction?
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Post by ablrate on Oct 20, 2014 13:53:05 GMT
Can I ask what happens if the aircraft loan isn't fully funded by the end of the auction? Hi gaspilot The loan will be partially drawn down if it is not fully funded as it does not affect the transaction. For future reference (and something we will be making much clearer soon) if the loan carries the 'Instant Returns' legend (where returns are made from the day of bidding), then this is a loan that will be drawn down or is underwritten. Regards Ablrate
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