It says that it is not a good time for a loan. When is it available to get a loan?
it says that you are not eligible to receive a loan I guess.
Equity (planes, terminals) more than 20 Mio AS$ I think.
Note that leasing deposits are not equity
Ok Thank You
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.
Is their a max loan?
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
As stated before, on these forums:
When you actually can acquire a loan, you usually don’t need it. :huh:
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).
I have well over 20million and I still aint available for a loan which is weird.
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.
Nb: Planes as in planes owned....not leased
Equity that counts: purchased aircraft, seats, terminals, minus any outstanding loans.