Drone Financing and Insurance Packages Enable Remote Piloting Operations
February 1, 2017
Juniper Unmanned, Inc announced that it has partnered with Ascentium Capital LLC and Airsure Limited to offer new drone insurance and customized finance packages in the United States. By combining Juniper’s training and support services, customers can spread payments over 2-3 years, and experience savings on insurance by as much as 50%.
Available immediately via Juniper Unmanned’s network of dealers, these finance and insurance options allow customers to overcome significant barriers to entry. The packages are available for any unmanned aircraft model that Juniper Unmanned supports.
Ascentium Capital will handle the entire 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.”
Interested UAS program managers can learn more about this program from their UAS dealer. For a list of dealers, please visit http://juniperunmanned.com/about/dealers.
About Ascentium Capital
As a direct lender, Ascentium Capital LLC specializes in providing a broad range of financing, leasing and small business loans. The company’s offering benefits equipment manufacturers and distributors as well as direct to businesses nationwide. Ascentium Capital is backed by the strength of leading investment firm Warburg Pincus LLC. For more information, please visit http://ascentiumcapital.com.
About Airsure Limited
AirSure Limited specializes in insurance and risk management for the aviation industry. Since its inception more than 30 years ago, the company has provided expert guidance and counsel based upon real world aviation experience and expertise. For more information, please visit http://airsure.com.
About Juniper Unmanned
Juniper Unmanned is a private technology company based in Golden, Colorado. Juniper’s goal is to enable UAS operations for the commercial operator. Juniper puts the solutions into the hands of customers, so they can get the most out of their UAS technology and operate in an effective, safe and compliant manner. For more information, please visit http://juniperunmanned.com.