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When is it available to get a loan?


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#1 Patriot317

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Posted 21.03.2018 - 20:41

 It says that it is not a good time for a loan. When is it available to get a loan?


Edited by Patriot317, 21.03.2018 - 20:43.


#2 highscore

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Posted 21.03.2018 - 21:07

it says that you are not eligible to receive a loan I guess.

Equity (planes, terminals) more than 20 Mio AS$ I think.



#3 ianmanson

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Posted 21.03.2018 - 21:13

Note that leasing deposits are not equity



#4 Patriot317

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Posted 21.03.2018 - 21:32

Ok Thank You



#5 khoianh

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Posted 21.03.2018 - 23:25

it says that you are not eligible to receive a loan I guess.

Equity (planes, terminals) more than 20 Mio AS$ I think.

 

10 million AS$ plus a little bit extra.


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#6 Patriot317

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Posted 22.03.2018 - 00:25

Is their a max loan?



#7 ianmanson

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Posted 22.03.2018 - 00:33

Doesn’t seem to be but it’s based on equity you have. More equity = more loan available. Been blunt, I’ve only ever used the loan facility when I’ve overspent before weekend closing. I would not base any expectation or business plan on it as the amount you can usually borrow you can earn In weej

#8 Banff

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Posted 22.03.2018 - 07:11

As stated before, on these forums:

When you actually can acquire a loan, you usually don't need it.  :huh:


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#9 CBE

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Posted 22.03.2018 - 12:55

Sure the first loans are very low but when after some time you will be able to get some pretty large loans (almost equal to your flight equipment investments).


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#10 Eireann

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Posted 22.03.2018 - 16:18

I have well over 20million and I still aint available for a loan which is weird. 



#11 highscore

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Posted 22.03.2018 - 16:37

Do you have over 20 Mio in equity or as money on your account?

Equity are either paid planes or seats, own terminals built also.



#12 ianmanson

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Posted 22.03.2018 - 17:43

Nb: Planes as in planes owned....not leased



#13 rubiohiguey2000

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Posted 22.03.2018 - 22:15

Equity that counts: purchased aircraft, seats, terminals, minus any outstanding loans.




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