james
Posts: 2,205
Likes: 955
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Post by james on Sept 6, 2015 19:53:55 GMT
in respect of an ATR 42 on lease to a South American government owned airline. Good luck in recovering that asset if they can't repay the loan... People seem to ignore the point of asset-backed loans: it's to be able to recover/sell the asset(s) used as guarantee! So lets say the South American government stops paying its lease. The loan isn't to that airline or that government, it's to the leasing company which will end up blocking parts supplies and seeking possession. If instead the leasing company stops paying, the South American government and airline have little to no reason to cooperate with the leasing company in preventing the asset from being seized and sold, since doing so would have negative impact on their own ability to lease in the future.
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Post by emoney on Oct 1, 2015 13:02:59 GMT
For pure money lending eMoney are difficult to beat. They have a provision fund and a very active Secondary Market. Asset backed platforms worth considering are, in my opinion, Ablrate, MoneyThing, Unbolted and for those with a Euro connection / assets, Mintos and Twino. Hi webbski9 Just picked this up, thanks so much for your vote of confidence, it's a great help. 
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