Equipment Finance News

New leasing deals for drone supplier

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Colorado-based unmanned drone specialist Juniper Unmanned has announced a partnership with leasing provider Ascentium Capital and Airsure Limited to offer new drone insurance and customized finance packages.

Available immediately via Juniper Unmanned’s network of dealers, these finance and insurance options allow customers to overcome significant barriers to entry and are available for any unmanned aircraft model the company supplies. By combining Juniper’s training and support services, customers can spread payments over two to three years, and experience savings on insurance by as much as 50%.

Ascentium Capital will handle the financing process from credit approval to documentation to funding through a convenient, online tool. Customers can finance aircraft, hardware, software, and all soft costs including training, extended warranty and scheduled maintenance.

Airsure Limited meanwhile has pre-underwritten all Juniper Unmanned customers, allowing them to instantly bind comprehensive insurance coverage for the full term of their finance agreement.

“Traditional lenders have been reluctant to provide financing for unmanned aircraft systems. This program gives our clients and customers a way to accomplish more than ever,” says Jeff Cozart, CEO of Juniper Unmanned. “And, the insurance program means our customers have the tools they need for safe, effective, and compliant unmanned aircraft operations.”