Gulfstream

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Mehmi Financial Group helps businesses finance and lease Gulfstream equipment, including aviation equipment, in Canada and the USA. As a brokerage, we compare options from banks, equipment finance companies and alternative lenders for new and used Gulfstream units, from dealer purchases to private sales. Approval, rates and terms are set by each lender.

About Gulfstream

Gulfstream Aerospace designs, builds and services business jets and has called Savannah, Georgia home since 1967, according to Gulfstream. The company has produced more than 2,000 aircraft since 1958, according to its company profile.

Gulfstream aircraft

Gulfstream builds large-cabin, long-range business jets used by corporations, charter operators and governments.

How lenders view large business jets

Gulfstreams are high-value assets financed by specialist lenders and banks with aviation desks. Lenders review hours, engine programs, maintenance status, avionics and use. Pre-purchase inspections are standard.

Financing Gulfstream jets

Complete records and engine program enrollment support value. Insurance and crew qualifications are confirmed before funding.

How Gulfstream equipment financing works

Most Gulfstream purchases are financed with an equipment loan or a lease. A loan gives you ownership from day one, with the lender registering a security interest (PPSA in Canada, UCC in the USA). A lease keeps title with the lessor and can lower the monthly payment, with a buyout, renewal or return option at the end.

What lenders check on a Gulfstream aviation equipment

Lenders look at airframe and engine hours, logbooks, inspection status and how the aircraft or simulator earns revenue. Aviation financing is specialized and handled by a smaller group of lenders.

Expect to provide a credit application, recent business bank statements, the dealer quote or bill of sale with serial number and hours and logbooks, and financial statements or tax returns for larger amounts.

See the full list of eligible equipment, compare equipment financing options, or estimate payments with the equipment financing calculator.

All Gulfstream models with financing pages

ModelTypeCategory
GulfstreamEquipmentAviation
Gulfstream Business JetEquipmentAviation
Gulfstream G280EquipmentAviation
Gulfstream G450EquipmentAviation
Gulfstream G500 2017EquipmentAviation
Gulfstream G550EquipmentAviation
Gulfstream G650EquipmentAviation
Gulfstream G700EquipmentAviation

Tax treatment of Gulfstream equipment

In Canada, aircraft generally fall in CCA Class 9. Aircraft components and simulators can be treated differently, so confirm with your accountant. With a loan, you generally claim capital cost allowance and deduct interest. With a true operating lease, lease payments are generally deductible instead. See the CRA classes of depreciable property. In the USA, Section 179 and bonus depreciation may apply; see IRS Publication 946. Always confirm with your accountant.

End-of-term options on a Gulfstream lease

A $1 buyout lease is built for ownership: you keep the machine for a nominal amount at the end. A fair market value lease usually has a lower payment, and at the end you can buy the equipment at its market value, return it or upgrade. Read the return conditions, such as hour limits and wear standards, before you sign.

Who finances Gulfstream equipment

Aviation: charter and air-taxi operators, flight schools, medevac and utility operators, and aircraft maintenance organizations finance Gulfstream equipment to take on new work, replace aging units or add capacity.

The right structure depends on how the equipment earns money. A machine tied to a long contract can support a longer term, while seasonal work may call for skip or seasonal payments that some lenders offer.

Questions to ask the dealer or seller before you finance

  • What is the exact model year, serial number and hours and logbooks?
  • Is there a service history or recent inspection report?
  • Is any warranty or extended coverage included, and does it transfer?
  • Are attachments, delivery, installation and taxes itemized on the quote?
  • For a private sale, is the equipment free of liens, and who will provide the bill of sale?

Insurance on financed Gulfstream equipment

Lenders and lessors require the equipment to be insured for its replacement or financed value, with the lender named as loss payee, before funding. Some also ask for liability coverage. Getting an insurance quote early avoids last-minute delays.

Frequently asked questions

Can I finance a used Gulfstream?

Yes, through aviation lenders who review hours, programs and records.

Where is Gulfstream based?

Gulfstream has been based in Savannah, Georgia since 1967.

Are engine programs important?

Yes. They support value and lender confidence.

Can a charter operator finance a Gulfstream?

Yes. Lenders review charter revenue.

Is a pre-purchase inspection required?

It is standard for large business jets.

How many Gulfstreams have been built?

More than 2,000 since 1958.

Fast, Flexible Financing for Your Business

Whatever your business needs, equipment, working capital, or a way to bridge cash flow, Mehmi Financial Group helps Canadian businesses get funded fast. No upfront fees, and real people who understand your industry.
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Borrow up to $10,000,000

All industries, trucks, equipment, working capital, and more

Terms up to 84 months
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