LOS ANGELES, Nov. 15, 2011 /PRNewswire-iReach/ -- Bloomer DeVere Group Avia, Inc. is pleased to announce a collaboration with SG Private Wealth Advisors, to successfully arrange for $8,000,000 in financing for a Bombardier Challenger 604 aircraft acquisition client. The note is for a term of 5 years, with a fixed interest rate of 1.75% above Libor.
"SG Private Wealth Advisors provided our client a financing solution with terms and rate that I thought were near impossible in light of the economic downturn and ensuing credit tightening. We are excited by the prospect of this new collaboration," said Mark Bloomer, President and Founder of Bloomer DeVere. "Their alliance with over 75 Private Banks, Finance Companies and Private Equity firms, including over a dozen aircraft lenders worldwide, gives those looking to finance an aircraft acquisition or looking to refinance their existing aircraft, a valuable and discreet option."
About SG Private Wealth Advisors (SG PWA) - SG Private Wealth Advisors is an advisory firm specializing in providing high net-worth clients with customized credit solutions.
SG PWA services both international and domestic clients, providing a thorough balance sheet and cash flow analysis whilst uncovering inefficiencies stemming from the client's existing financing or tax structure. In addition to identifying such inefficiencies, SG PWA is particularly adept at determining which of its broad network of financial institutions is best suited to address the client's particular needs.
The firm is led by international financier Dovi Frances who explains, "Lending has changed substantially over the past few years. Now more than ever, it is important for financial institutions to properly understand the complex income structures of high net-worth individuals and for those individuals to understand that the banking industry is complex and ever-changing."
"The difference between a client's financing request being approved or declined," says Frances, "is the ability to navigate this dichotomy." Frances goes on to note that the rate of interest, as well as the level of costs associated with a given transaction, must also be carefully engineered. "There is an 'aha' moment for an institution when they truly 'see' the client. Achieving that leads to successful execution, usually at optimal rate and fess and, perhaps most importantly, with minimal distraction to the client. That is SG PWA's mission on every transaction". For more information, contact SG Private Wealth Advisors at (310)-425-3370 or email@example.com
About Bloomer DeVere - Bloomer deVere Group Avia, Inc. provides highly customized consulting services to private individuals and Fortune 100 companies, who are considering business aviation options for the very first time, re-evaluating their aviation needs, are acquiring a business aircraft, or selling an aviation asset. With over 550 transactions earned over 26-years in business, and offices on both US coasts and an affiliate office in Europe, the Bloomer DeVere team spans the globe, bringing an unequaled level of market intelligence to every project. For more information, contact Mark Bloomer at (805) 484-6605, email to firstname.lastname@example.org or go to www.bloomerdevere.com.
Media Contact: Mark Bloomer, Bloomer DeVere Group Avia, Inc., (805) 484-6605, email@example.com
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SOURCE Bloomer DeVere Group Avia, Inc.