TCab Tech Raises US$14.8 Million in Series Pre-A Financing
TCab Tech has completed the Pre-A Financing of 100 million yuan (about US$14.8 million), which…
Global Jet Capital, a financial solutions provider for business aircraft, has provided more than US$3.5 billion in financing to users of new and pre-owned aircraft.
“Reaching this $3.5 billion originations milestone is a testament to how we’ve built the business and reflects an appreciation for our approach to the financing process by both our customers and the market,” said Vivek Kaushal, Chief Executive Officer, Global Jet Capital.
Global Jet Capital, which focuses on financing business aircraft, has completed over 3,500 aircraft transactions. Since it commenced operations in 2014, the company acquired GE Capital’s business aircraft portfolio in 2016 and issued its first asset-backed security (ABS) in 2018.
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