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Bank of America Merrill Lynch Customizes Financing Solutions for Business Aircraft

Those who work in the profession of helping companies and individuals buy aircraft understand that each client is an individual entity with unique needs in an aircraft as well as its financing and leasing.  Bank of America Merrill Lynch has an expert aircraft finance team that develops customized financing solutions and can introduce clients to a wide network of aircraft manufacturers, dealers and brokers to help them find and operate the right aircraft for their needs. 

“Companies and individuals looking to operate a business aircraft expect innovation and service that is ‘best in class’,” says Michael Amalfitano, managing director and executive head, BofA Merrill Global Corporate Aircraft Finance. “We work with them as a proactive partner and pride ourselves on being able to help them maintain a competitive edge by offering cost-effective financing solutions, value-added service, expertise and industry leadership with the No. 1 market share position.”

Thousands of clients have worked with the BofA Merrill Global Corporate Aircraft Finance team,  using a variety of its financing services including new and pre-owned aircraft financing, tax and non-tax operating leases, traditional debt financing, refinancing, short-term aircraft rentals, aircraft syndications, interest rate swaps and hedge fundings, and residual value guarantees.

Amalfitano says that by maintaining valuable corporate aircraft industry alliances, BofA Merrill can offer “best in class” service, documentation and closing. He says the firm also has a dedicated asset management staff complete with certified American Society of Appraisers (ASA) and consultants to assist clients in selecting the right aircraft for them as well as aviation attorneys, sophisticated financial analysts, and aircraft documentation experts.

BofA Merrill is a member of the National Aircraft Resale Association (NARA).

“NARA represents every phase of aircraft acquisition and ownership through its brokers and dealers, and represents all aspects of aircraft related services, including leasing and financing, through the associate membership,” Amalfitano says. “The association has afforded us the opportunity to network throughout the industry with both existing as well as new members nationally.  Our company has benefited from the access to these industry experts to assist with our bank clients’ aviation and financial requirements.  Their market knowledge, transaction guidance, and professional business practices are industry leading and consistent with our own operating principles.  Our membership in NARA has been beneficial to our clients and our business and has continued to prove its value each year. ”

For more information about BofA Merrill Global Corporate Aircraft Finance, visit its website at http://www.bankofamerica.com/leasing/corporateaircraft or call 972-455-5855.

Posted on: March 20, 2012