
Track Record
Under Mr. Cady’s leadership, Cirrus Finance realized these customer-focused objectives and rapidly developed into one of the industry’s largest and most successful aircraft finance businesses.
Within the aircraft finance industry, Mr. Cady developed a consortium of banks and financial firms, as the sources of funding for aircraft loans originated by Cirrus Finance. New financing products were developed & introduced to the market. Cirrus Finance realized capture rates (number of customer transactions financed/customer deliveries) that were unprecedented within the aircraft finance industry.
A significant share of the cost savings, realized from the execution of this “better business model” were passed on to Customers in the form of lower interest rates.
Within the aircraft manufacturing industry, Mr. Cady’s leadership in the development of Cirrus Finance also demonstrated the benefits to partnering aircraft manufacturers from an in-house customer finance business. Substantial numbers of customer deliveries that were previously delayed and cancelled, due to customers’ inability to secure financing in a timely manner and/or secure any form of financing, were now brought to completion.
After demonstrating the validity of his “better business model” at Cirrus Finance, Mr. Cady left his position at a privately owned bank to found Aero Credit Corp. The genesis of Aero Credit Corp was a desire to replicate the successful model developed at Cirrus on behalf of & in partnership with other leading aircraft manufacturers.
Today, Aero Credit Corp operates private label customer finance businesses in partnership with several leading aircraft manufacturers, as well as leading aircraft brokers in the secondary market for used aircraft. Our expertise in aircraft financing and roster of partnering manufacturers ranges from Sport Aircraft to Corporate Jets.
At Aero Credit Corp the goal is to provide clients with exemplary service, a hassle free purchase experience, and with the broadest financial product offering and low cost financing options. Aero Credit Corp can also be utilized as a resource for associated tasks of securing insurance coverage and tax counsel.
The Aero Credit Corp staff recognizes that purchasing an aircraft is not a 9-5 process, and we are available any time, to answer questions and offer guidance. We want you to be able to focus on the exciting experience of taking delivery of your new aircraft.
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