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Aircraft Financing: Loans
built 632 days ago
AirplaneDreams.com Financing is an online loan center that quickly connects you to a network of Aircraft lenders. All you need to do is to fill out an online application form and/or print out a copy of the application and fax it in. Your loan request is then immediately sent out to the network of Aircraft lenders. The lenders will respond with a decision about your loan request. You can then review the offer, and make your decision to move forward on the loan.
Truthan's Aircraft Expense System is a must to include in your financing packages. It is a cost based accounting system designed for your borrowers. Help them maximize their profitability and reduce your loan exposure.
Financing programs for Certified Light Sport aircraft are similar to general aviation loans. The amount required down is a little higher than standard general aviation loans, and terms and a little shorter.
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This depends on the amount you're financing and the age of the Aircraft. Most loans over $100,000 can be financed for as long as 20 years. Loans between $25,000 and $99,999 would have a maximum term of 15 years.
Leasing or financing aircraft requires Clients to demonstrate the ability to re-pay the loan before the application can be approved. In general, the Applicant will be asked to submit financial statements, corporate structures, business licenses, bank references, trade references, specifications of the subject aircraft and in the case of a start-up air carrier, a professional business plan.
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There are basically two traditional methods to finance your aircraft: 1) lease the plane; 2) get a loan. You may ... want to consider refinancing or doing a sale-leaseback on your existing aircraft. The financing alternative that works the best for you or your business depends upon your budget requirements, cash flow and tax situation.
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