Single Engine:

• $0-$40,000:     Loan up to 80% of the value or price, whichever is lower
  
• > $40,000:   Loan up to 85% of the value or price, whichever is lower
  

We do not loan on twin engine aircraft, warbirds, some homebuilt and lightsport, helicopters, antiques, wood-wings, most cloth covered aircraft, leasebacks, flight schools, jets, Part 135 or other commercial operations, or on any aircraft based and operated outside the continental U.S.

We will finance an aircraft used for training purposes so long as the aircraft is used for training by the borrower only.

Requirements

Approved Credit

Airworthiness Certificate

Copies of previous two years income tax returns

Airplane Specification Sheet

Title Search

Photos of interior and exterior of aircraft

Copies of all log books

Hull insurance with breach of warranty or lender's interest endorsement

May require, but strongly suggest, pre-purchase inspection

Rates

1968 Model or Newer and MORE or LESS than $50,000.00 loan amount:

    Maximum 15 year term.

    Please call us at 800-462-7032 for a current rate quote

1967 Model or Older and LESS than $30,000.00 loan amount:

    Maximum 10-14 year term.

    Please call us at 800-462-7032 for a current rate quote

1967 Model or Older and MORE than $30,000.00 loan amount:

    Maximum 15 year term.

    Please call us at 800-462-7032 for a current rate quote

Ag Planes:

            80% of value or price, whichever is lower. Up to 7 years.

            Please call us at 800-462-7032 for a current rate quote