AVMAC, a New York corporation, formed two years prior to September 11, 2001,  was developing a program that sought to alleviate a dominant problem in the aviation industry, long maintenance down times coupled with short maintenance payment terms. With the event of September 11, the entire aviation industry suffered an economic downturn, which further reinforced the need for our program.

In the past, our spare parts company demonstrated to us that the most critical factor in the commercial aviation industry was cash flow. When our customers’ aircraft were flying and generating a positive cash flow, our receivables were in good shape. However, once their aircraft were down for maintenance we felt the strain as well. To solve this problem AVMAC developed a program that allows our customers to place aircraft back into service and generate income, while enabling them to address their obligations over a period of time.

In October 2003 AVMAC realized the benefits of being within close proximity to a major International Airport,with this in mind AVMAC opened  a satellite office office adjacent to JFK International Airport. All of us at AVMAC realize that safety is the number one concern of the flying public. Therefore, we have made it our number one priority to develop an extraordinary finance program that helps repair facilities as well as owner / operators to meet today’s maintenance challenges.  With over sixty years of combined aviation and finance experience AVMAC is up to the task.