$5,500,000
As one of the most reliable charter operators in the western U.S., this company encompasses a variety of private flight offerings. Since their rebranding, they have been able to serve a wider region of the U.S., Canada, Mexico, and Central America. Their commitment to aviation services allows them to provide safe, affordable, and reliable flights.
Due to the unprecedented delays in the supply chain, this company had been awaiting delivery on a new aircraft for their fleet for nearly two years. As completion of the plane neared, the vendor gave them ten weeks for completed payment; failure to meet the deadline would result in the long-awaited mission-critical aircraft going to a competitor. With this in mind, they reached out to their incumbent lender for help. Their incumbent dragged them down an 11-week approval process, only to decline them. With less than a week until their deadline, they began to lose hope as they prepared to wait another 18 months for construction on a new plane. In need of $5.5M immediately, they turned to Mazuma. Aware of the customer’s deadline, Mazuma did not waste any time. After receiving a signed proposal, Mazuma approved, documented, and funded the deal in THREE business days. As a result, the customer secured the aircraft just in time, allowing them to continue their post-pandemic growth.