Webster Bank’s Center Capital of Waterbury, Conn., has formed a general aviation finance division headquartered in Dallas. The new division’s target market initially is new and pre-owned helicopters and airplanes, as well as maintenance projects, valued at under $2 million. Charles McGuire, v-p and general manager of the division, told AIN that there are no restrictions with reference to aircraft age or noise stage.
Center Capital Corp. (Booth No. 3504) is here at Heli-Expo 2007 introducing an expanded helicopter financing sales group that includes three new finance specialists in the U.S. The regional rotary- and fixed-wing territories are served by Jim Pulie, director of the Eastern region; Joe Krolak, director of the Central region; and Greg Renna, general manager of the Western region.