HondaJet: $5.2 Million
10-Year Term + Balloon & 15-Year Amortization
EFFI Returns Deposit on Behalf of Client
Featured Project: Financing New Technology
When Your Business Needs the Latest in Technology
Client Situation: Honda’s new Very Light Jet (VLJ) was recently approved for commercial flight. This business owner was ready to finance Honda’s newest technology: the HondaJet.
EFFI Provided: To protect the business from any unnecessary risk, EFFI Structured a 15-year term with balloon and 10-year amortization for the $5.2 million financing. However, after further review of the aircraft’s financial obligation and considering the client’s best interest, EFFI supported the client’s decision to postpone the aircraft acquisition indefinitely. EFFI returned the client’s deposit check.
- At EFFI, we believe in straightforward, transparent financing—even when projects don’t go as planned. Ultimately, this company’s HondaJet project took an unexpected turn.
- When the transaction was canceled, the client fully expected to forfeit his original deposit check. Much to the client’s surprise, EFFI returned the deposit. Determined to change this industrywide practice, EFFI is raising the bar and leading with transparency and authenticity—one client at a time.
For financing that’s straightforward and transparent, EFFI has Well Priced options for your business: firstname.lastname@example.org
See other projects that we’ve funded successfully.
Transportation & Tilted Vehicles
Apple Campus Heavy-Haul Project: $4.5 Million
The largest contract of this heavy haul trucking company’s history came from Apple, Inc. The project required additional trailers and power units in order to prepare for growth in their business and meet promises to their new client...
Food & Beverage
BigBox Food Manufacturer: $11.5 Million
While the client had a concentration in revenue with their BigBox retailer (think Costco or Walmart), we relied on the management experience, long-time relationship with the major brand, and multiple-SKU offering. The facility included production equipment in a multi-faceted line, catwalks, HVAC, and even a packing line.
Construction/Demolition Project: $6.0 Million
When providing union and non-union labor for construction projects, a company must segregate its assets. For union jobs, these assets must not be leased from a non-union entity. Set up an internal startup for inter-company rentals to meet these critical regulations as a construction company. EFFI fulfilled the asset transfer and refinance to establish an internal startup rental company for this construction & demolition business owner.