Welcome to MyrAir VCash Financing, a new type of financing for FSEconomy, from which you can obtain immediate cash.
Want to buy a lottery ticket but don’t have cash? Or maybe you need cash to expand your business? Don’t worry, MyrAir VCash Financing is your solution. Our lending department can study your transaction and offer you the help you need to quickly obtain the amount of cash you need.
And if you want to know in advance the costs of such operation, do not hesitate to use our Finance Calculator from where in a few moments you will be able to know the details of such financial operation.
Please read the terms and conditions to access this innovative MyrAir VCash Financing formula and complete the form according to your request to receive our answer as soon as possible.
TERMS AND CONDITIONS
- For this type of cash loan, you must own one or more aircraft. Aircraft on which you currently have an existing loan are NOT eligible for this financing model.
- Check the NET value of the repurchase of your aircraft(s) and that value is the amount you can receive immediately as a loan.
- Complete the corresponding form and send it to us.
- Once MyrAir Financing has verified the viability of your request, you will receive the answer by the means you selected (PM on the forum or Discord).
- If the request is accepted, the aircraft(s) specified in the form must be put up for private sale in the name of «MyrAir Financing» of the net value of each aircraft so that, once said aircraft have been purchased by me part, the requested cash is automatically deposited into your account.
- Once the aircraft are owned by MyrAir Financing, they will be immediately leased at zero cost in your name (or your group’s name) according to your specific preferences on the form so that you can continue flying. The aircraft will remain the property of MyrAir Financing as collateral for the duration of the loan and until full repayment.
- All costs inherent to: maintenance, repairs and monthly owner’s fees of the aircraft(s) as collateral will be borne by the loan applicant.
- All payments to be made to group : “MyrAir Financing”.
- Loan payments are due every 30 days from date of purchase (not 30 days from last payment).
- If payment is not received within 7 days, the aircraft(s) under warranty will be seized and no refund will be issued. Please note that no warning will be given, it is the customer’s responsibility to ensure that payments are received by or on the payment due dates.
- You will be provided access to a spreadsheet where you can track your loan: dates, payments made and outstanding, etc.
- Once the loan is fully repaid, the aircraft will be sold privately at a cost of V$1 ending the contract between the two parties.
- If you need more months than specified to make your financing, do not hesitate to consult us (subject to study).
- The loan may be revoked at any time and no refund will be issued, if the client is found in breach of these Terms and Conditions.
- Interest/Financing Fees are as follows and are calculated off the total amount that is financed
- 3 Month Term – 6%
- 4 Month Term – 8%
- 5 Month Term – 10%
- 6 Month Term – 12%