{"id":40159,"date":"2025-12-02T21:00:00","date_gmt":"2025-12-02T14:00:00","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=40159"},"modified":"2025-12-02T21:00:00","modified_gmt":"2025-12-02T14:00:00","slug":"next-level-aviation-secures-credit-facility-increase-to-80mm-with-pnc-bank","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=40159","title":{"rendered":"Next Level Aviation\u00ae Secures Credit Facility Increase to $80MM with PNC Bank"},"content":{"rendered":"\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The\u00a0upsized\u00a0working capital\u00a0credit\u00a0facility was\u00a0increased\u00a0to\u00a0$75MM\u00a0in\u00a0the\u00a0U.S.\u00a0and an additional $5MM for Next Level Aviation-Ireland, Ltd.<\/p>\n

DANIA BEACH, Fla. and DUBLIN<\/span><\/span>, Dec. 2, 2025<\/span><\/span> \/PRNewswire\/ — Next Level Aviation\u00ae<\/sup> (NLA)<\/u><\/a>,\u00a0a\u00a0leader\u00a0in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured an increase in its revolving credit facility with PNC Bank for the U.S. based parent company from $50MM to $75MM, as well as an additional $5MM credit facility for Irish subsidiary, Next Level Aviation-Ireland, Ltd (NLAI).\u00a0Both\u00a0credit\u00a0facilities have the potential to expand over time as NLA and NLAI grow.<\/p>\n

This significantly\u00a0upsized working capital credit facility will allow Next Level Aviation\u00ae<\/sup> to increase inventory of serviceable material, continue to expand its geographic footprint, as well as support NLA’s diversification into other complementary lines of business.<\/p>\n

Next Level Aviation\u00ae<\/sup> Chairman & CEO Jack Gordon<\/span> stated, “We are very appreciative that PNC Bank, one of the largest diversified financial institutions in the United States<\/span>, has the confidence in Next Level Aviation’s global business model, management team and financial performance to increase our total access to asset-based credit by 60% in less than one year of working together, in addition to extending our Irish subsidiary, Next Level Aviation-Ireland, Ltd., its first revolving credit facility. We would like to again thank the PNC Business Credit team for their commerciality and client-focused, solutions-based approach to our partnership.”<\/p>\n

Ray Fernandez-Andes<\/span>, Next Level’s Chief Financial Officer, commented, “As we continue to grow, the global nature of Next Level Aviation’s business presents both unique challenges and opportunities.\u00a0The\u00a0PNC Business Credit team has taken the time to understand all of this, and crafted banking solutions that set Next Level Aviation\u00ae<\/sup> up for continued success in the commercial aviation aftermarket.”<\/p>\n

ABOUT NEXT LEVEL AVIATION\u00ae<\/sup>
Next\u00a0Level\u00a0Aviation\u00ae<\/sup> is\u00a0an\u00a0ASA-100\u00a0accredited\u00a0and\u00a0FAA\u00a0Advisory Circular\u00a000-56B\u00a0compliant\u00a0supplier stocking commercial aircraft\/jet engine used serviceable material (USM) for all Boeing and Airbus aircraft platforms and associated jet engines. Next Level Aviation\u00ae<\/sup> specifically focuses on stocking USM\u00a0for\u00a0the Boeing 737 and Airbus A320 families of aircraft and their associated jet engines, which currently make up about 70% of the global commercial fleet. Founded in March 2013<\/span> by Jack Gordon<\/span>, Mike Dreyer,\u00a0and\u00a0Matt\u00a0Dreyer, Next\u00a0Level\u00a0Aviation\u00ae<\/sup>\u00a0has\u00a0grown\u00a0into\u00a0a\u00a0top\u00a0global\u00a0supplier of commercial aircraft\/jet engine used serviceable material. www.nextlevelaviation.net<\/a><\/u><\/p>\n

To\u00a0find\u00a0out\u00a0more\u00a0information\u00a0or\u00a0to\u00a0request additional\u00a0images,\u00a0please contact morgane@aerospacemarketing.com<\/a><\/i>.<\/i><\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n\n\n\n
\"\"<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The\u00a0upsized\u00a0working capital\u00a0credit\u00a0facility was\u00a0increased\u00a0to\u00a0$75MM\u00a0in\u00a0the\u00a0U.S.\u00a0and an additional $5MM for Next Level Aviation-Ireland, Ltd.<\/p>\n

DANIA BEACH, Fla. and DUBLIN<\/span><\/span>, Dec. 2, 2025<\/span><\/span> \/PRNewswire\/ — Next Level Aviation\u00ae<\/sup> (NLA)<\/u><\/a>,\u00a0a\u00a0leader\u00a0in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured an increase in its revolving credit facility with PNC Bank for the U.S. based parent company from $50MM to $75MM, as well as an additional $5MM credit facility for Irish subsidiary, Next Level Aviation-Ireland, Ltd (NLAI).\u00a0Both\u00a0credit\u00a0facilities have the potential to expand over time as NLA and NLAI grow.<\/p>\n

This significantly\u00a0upsized working capital credit facility will allow Next Level Aviation\u00ae<\/sup> to increase inventory of serviceable material, continue to expand its geographic footprint, as well as support NLA’s diversification into other complementary lines of business.<\/p>\n

Next Level Aviation\u00ae<\/sup> Chairman & CEO Jack Gordon<\/span> stated, “We are very appreciative that PNC Bank, one of the largest diversified financial institutions in the United States<\/span>, has the confidence in Next Level Aviation’s global business model, management team and financial performance to increase our total access to asset-based credit by 60% in less than one year of working together, in addition to extending our Irish subsidiary, Next Level Aviation-Ireland, Ltd., its first revolving credit facility. We would like to again thank the PNC Business Credit team for their commerciality and client-focused, solutions-based approach to our partnership.”<\/p>\n

Ray Fernandez-Andes<\/span>, Next Level’s Chief Financial Officer, commented, “As we continue to grow, the global nature of Next Level Aviation’s business presents both unique challenges and opportunities.\u00a0The\u00a0PNC Business Credit team has taken the time to understand all of this, and crafted banking solutions that set Next Level Aviation\u00ae<\/sup> up for continued success in the commercial aviation aftermarket.”<\/p>\n

ABOUT NEXT LEVEL AVIATION\u00ae<\/sup>
Next\u00a0Level\u00a0Aviation\u00ae<\/sup> is\u00a0an\u00a0ASA-100\u00a0accredited\u00a0and\u00a0FAA\u00a0Advisory Circular\u00a000-56B\u00a0compliant\u00a0supplier stocking commercial aircraft\/jet engine used serviceable material (USM) for all Boeing and Airbus aircraft platforms and associated jet engines. Next Level Aviation\u00ae<\/sup> specifically focuses on stocking USM\u00a0for\u00a0the Boeing 737 and Airbus A320 families of aircraft and their associated jet engines, which currently make up about 70% of the global commercial fleet. Founded in March 2013<\/span> by Jack Gordon<\/span>, Mike Dreyer,\u00a0and\u00a0Matt\u00a0Dreyer, Next\u00a0Level\u00a0Aviation\u00ae<\/sup>\u00a0has\u00a0grown\u00a0into\u00a0a\u00a0top\u00a0global\u00a0supplier of commercial aircraft\/jet engine used serviceable material. www.nextlevelaviation.net<\/a><\/u><\/p>\n

To\u00a0find\u00a0out\u00a0more\u00a0information\u00a0or\u00a0to\u00a0request additional\u00a0images,\u00a0please contact morgane@aerospacemarketing.com<\/a><\/i>.<\/i><\/p>\n

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