ISELIN, N.J., March 29 (UPI) -- Siemens Financial Services Inc. of Iselin, N.J., said Tuesday it plans to offer more corporate aircraft financing options.
Such aircraft include corporate jets and turbine helicopters.
SFS -- the U.S. financial services arm of German global electronics and engineering company Siemens AG -- will provide a range of financing choices, including fixed- and floating-rate term loans, finance leases, operating leases, true tax leases, sale leasebacks and tax-exempt leases.
"SFS is looking to establish a long-term presence in corporate aircraft finance, a market that will be an important driver of future growth and expansion for the company," said SFS President and Chief Executive Officer Bill Zadrozny.
"Corporate aircraft finance allows us to continue meeting the needs of our customers by offering customized solutions, competitive rates, and personalized attention, as well as the ability to pursue large ticket, well collateralized investment opportunities with major corporations," he said.
Siemens Financial Services offers a range of financial solutions from sales and investment financing to treasury services, fund management and insurance brokerage.
