Do you need an aircraft for your business? Our aviation loans service provides qualified borrowers with secured loans to help them acquire the aircraft they need. Whether that is a Business Jet or a Crop Duster.
Assisting entrepreneurs, business owners and other qualifying candidates who require aviation equipment, we provide financing for all types of aircraft purchase and leasing transactions. Successful applicants should be able to make monthly payments on time and keep their planes like new.
With our flexible terms, favorable interest rates, and fee structures based on the borrower’s credit history, this process will be cost-effective from beginning to end.
Flexible Aviation Loan Packages
We understand that in the aviation industry, things can change quickly. That’s why we offer flexible aviation loan packages that can be tailored to your specific needs. Whether you need to purchase a new aircraft or get a loan for working capital, we can help.
Also, whether you need financing for your business or personal use, we can help. We finance all sorts of civil aircraft- from single seat jets to corporate and luxury liners. Whatever type is right for what tasks in mind, whether it be new or used, or get light aircraft jets like helicopters or fixed-wing craft up to corporate-sized jettisons with no down payment.
Some of our options for ground equipment, aviation insurance, helicopter finance, or any other equipment finance include:
- Fixed-Rate Loans
- Variable Rate Loans
- Acquisition And Refinance Loans
- Aircraft Lease-to-Own
Cost Of Our Aviation Finance Solution
Several factors play into the total cost of financing an aircraft. These include loan terms, current interest rates, the amount borrowed, type of aircraft purchased, condition of existing equipment for trade-in purposes, etc.
Additionally, there may be closing fees associated with the loan that could include: appraisal fees, title search and registration fees, taxes, and other government-imposed fees.
It is important for the buyer of an aircraft to understand the full cost of financing, not just the monthly payment.
While lenders can calculate monthly payments based on several factors, including interest rates and credit rating, understanding total costs will make budgeting much easier as it will allow buyers to determine their actual monthly payments. It is with all additional costs included like down-payments, sales tax, and other items such as insurance if required.
FAQs
1. What Are Aircraft Loans?
An aircraft loan is used to buy or refinance an airplane or helicopter through a financial institution, finance broker, or business finance company. These loans are always secured by the aircraft title and can be offered either as operating loans on airplanes that will be used frequently or non-operating loans for those that won’t fly often.
2. I Want To Finance A Crop-Duster Or Cargo Aircraft. Is That Possible?
Yes, it is possible to finance a crop-duster or cargo aircraft. We offer a variety of loans for businesses of all sizes. We also have competitive interest rates and terms.
3. What Is The Minimum Amount I Can Borrow?
The minimum amount you can borrow is $5,000. However, the maximum amount you can borrow depends on the type of aircraft you are financing.
4. What Are The Interest Rates And Terms For Aircraft Finance?
We offer competitive interest rates and terms on our aviation loans. Don’t hesitate to get in touch with us to find out more information about our current rates and terms.
5. Can I Finance A Helicopter?
Yes, you can finance a helicopter to maintain your cash flow. The lender will want to know the purpose of the loan and if the helicopter will be used for personal or business purposes. You will also need to provide information about your credit score and income.