Periodic inspection of aviation assets can be a problem for most lenders due to limited on-staff resources. Failing to maintain visual and record-keeping inspections allows borrowers to violate covenants undetected.  If a default occurs, a lender could end up losing hundreds of thousands of dollars.  Owners that have trouble paying for the asset are more than likely having trouble paying to maintain it.  When repossession is required and major inspections have been neglected and records have not been kept up to date, the aircraft's resale value has been diminished and the lender is left with major expenses.

The members of Ramjet have seen these nightmares come into play and have watched lenders lose a great deal of money and time unnecessarily.  Ramjet has a simple program to make sure these losses are avoided.  We offer an auditing service, which provides for onsite inspections of each aircraft in your portfolio once a year, for the entire life of the loan.  Investing in this service can save you thousands of dollars in the future.

If repossessions is required, Ramjet can also assist.  With our numerous contacts and relationships throughout the industry, we have access to pilots, mechanics, and hangar space, as well as the ability to fully advertise and sell the aircraft in a most timely manner.  Call or e-mail us with the asset listing and locations for a free estimate of our inspection/audit services.