Aircraft Lending
 
Whether you plan to purchase a new or used airplane, and whether it’s for business or personal use, we can help. We have loan officers with years of experience making aircraft loans, and they are available to answer any questions you may have. Let us help you get off the ground!

For more information, call 800.462.7032 or click here to email.

To get started fill out the Aircraft Loan Application

Rate, Term & Requirement Information

1970 Model or Newer
  • Maximum 15 year term
  • Please call us at 800.462.7032 for a current rate quote

1969 Model or Older and LESS than $47,000 (valuation or price)
  • Maximum 12 year term
  • Please call us at 800.462.7032 for a current rate quote

1969 Model or Older and MORE than $47,000 (valuation or price)
  • Maximum 15 year term
  • Please call us at 800.462.7032 for a current rate quote

Agriculture Planes
  • 80% of value or price, whichever is lower
  • Maximum 7 year term
  • Please call us at 800.462.7032 for a current rate quote
  • We do not loan on start-up spraying operations.

All loans have a document preparation fee, wire fee, FAA filing fee, credit check, overnight mail fee, payment book fee, and title search fee.

Equity Requirements
Single Engine

Aircraft Value $0 - $47,000
– Loan up to 80% of the value or price, whichever is lower.
Aircraft Value - >$47,000
– 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 with Business Schedules
  • Airplane Specification Sheet
  • Title Search
  • Photos of interior, panel, and exterior of aircraft
  • Copies of all log books
  • Hull insurance with breach of warranty or lender’s interest endorsement
  • Pre-purchase inspection upon request

Aircraft Appraisals


Fax your plane’s specifications sheet to 918.825.0519 or click here to email us and we will contact you with our best estimate of the retail value. If you prefer, give us a call at 1.800.462.7032 and we will take the information by phone. Be sure to include damage history, whether it has complete logs, interior or exterior condition, times and avionics list. Also, be sure to give us your contact information (phone number, fax number or email address).

>> Click here for a model Aircraft Purchase/Sales Agreement