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Lease payment credit Provides a financial guarantee-type protection against losses which can result from the financial default of a lessee. Coverage can be provided for a non-cancellable period of up to 5 years and, where a whole-lease portfolio is insured, coverage can be arranged for up to 10 years. Whole portfolio protection, which provides a combination of deficiency guarantee, lease payment sump fund protection and end of term residual guarantees, can be arranged. These whole account protections are sufficiently robust that the underlying debt funding the aircraft and the leases can be priced at 'AA' margins in the banking market. For more information please contact broker@amspitman.com. |