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CRDC Provides Gap Financing for Expansion of a Pilot Training Facility
CRDC recently provided gap financing to support the business expansion of National Flight Simulator (NFS), a pilot training facility at the Ammon Center in Manchester, NH that utilizes
CRDC recently provided gap financing to support the business expansion of National Flight Simulator (NFS), a pilot training facility at the Ammon Center in Manchester, NH that utilizes state-of-the-art flight simulators which collectively simulate approximately 44 different aircraft.
 
Stephen Cunningham, CFI-CFII, Owner of National Flight Simulator located at the Manchester-Boston Regional Airport, and a pilot himself, saw the market need to expand his flight simulations as well as an opportunity to grow the online testing center side of the business.  With additional leasable space opening up at the Ammon Center, NFS could expand to include Helicopter simulation training and a bigger online testing center to host non-aeronautical testing.  Stephen and Jennifer Boulanger, Loan Officer with Capital Regional Development Council, had been meeting over the years to discuss business growth and potential financing.  Prior to the expansion, the testing facility was mostly geared toward pilot testing and recertification along with a few other industry-related tests through four online testing stations.
 
“This was a great opportunity to support a growing small business and creatively support CRDC’s workforce development mission,” said Jennifer Boulanger, CRDC Loan Officer. “Through testing and certifications individuals are able to obtain employment in a variety of industries.”
 
“We have grown from offering four online testing stations to over 20 test stations with the ability to also be ADA compliant," said Stephen Cunningham, NFS owner. “We were able to open the online testing up to a wider range of industries and expand the testing center hours of operation.”  
 
In addition to flight training, and offering the expanded online testing facility, NFS has partnered with TSA to offer fingerprinting services for those individuals looking to get a TSA Certified Pre-Check.  For more information about National Flight Simulator visit www.nationalflightsimulator.com
 
 
Photo Caption: Stephen Cunningham, CFI-CFII, Owner of National Flight Simulator and Jennifer Boulanger, CRDC Loan Officer sit inside one of the aviation flight simulators.


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