Next Level Aviation® Secures Credit Facility Increase to $80MM with PNC Bank
The upsized working capital credit facility was increased to $75MM in the U.S. and an additional $5MM for Next Level Aviation-Ireland, Ltd.
This significantly upsized working capital credit facility will allow Next Level Aviation® to increase inventory of serviceable material, continue to expand its geographic footprint, as well as support NLA's diversification into other complementary lines of business.
Next Level Aviation® Chairman & CEO
ABOUT NEXT LEVEL AVIATION®
Next Level Aviation® is an ASA-100 accredited and FAA Advisory Circular 00-56B compliant supplier stocking commercial aircraft/jet engine used serviceable material (USM) for all Boeing and Airbus aircraft platforms and associated jet engines. Next Level Aviation® specifically focuses on stocking USM for the Boeing 737 and Airbus A320 families of aircraft and their associated jet engines, which currently make up about 70% of the global commercial fleet. Founded in
To find out more information or to request additional images, please contact [email protected].
View original content to download multimedia:https://www.prnewswire.com/news-releases/next-level-aviation-secures-credit-facility-increase-to-80mm-with-pnc-bank-302628677.html
SOURCE Next Level Aviation
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Immorta Bio Pioneers AI-Designed Senolytic Immunotherapy Targeting Diseases of Aging
- Small-Ticket Equipment Finance Per-Transaction Processing Cost Climbs to $2,729 per Lease or Loan
- Soul Lykke Launches Quiet Luxury Crystal Jewelry in US and EU: Mindful Craftsmanship Meets Accessible Fine Jewelry
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share