I have a good positive cash flow but issued some bonds early on and now have a CCC- credit rating that caps me at 10 aircraft leases. Is there anything I can do before the bonds are bought back in 5 years to increase the number of allowed leases? I don't need to issue bonds to pay a down payment anymore.
Credit and leases
Started by aoumd, Jan 09 2015 12:47 PM
#1
Posted 09 January 2015 - 12:47 PM
#2
Posted 09 January 2015 - 01:50 PM
Ya i'm new and I did the same thing You should be able to up your credit after a few months of on time payment just make sure you have the money in the bank on the 16th. Thought it shouldn't be hard to save the money when you can't lease new airplanes
#3
Posted 09 January 2015 - 03:46 PM
As your profitability continues it'll rise slowly, don't worry.
#4
Posted 10 January 2015 - 04:05 PM
Thanks for the info!
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