FAQs

Subject to lender approval, all types of new and used, fixed wing and rotary aircraft may be purchased with finance.

Individuals requiring financing for private aircraft can select from a Secured Airplane Loan or an Unsecured Personal Loan.

Commercial aviation operators and businesses acquiring aircraft can select the most suitable credit facility from Chattel Mortgage, Leasing, Rent-to-Own and Hire Purchase.

Secured personal loans and commercial financing products use the aircraft as collateral against the funding. Lender guidelines and criteria around approval will determine if additional collateral or personal guarantee is also required.

Yes. The same credit facilities are available for funding both rotary and fixed wing aircraft.

Loan terms are subject to individual lender assessment of the application. Terms of up to 7 years are typically approved.

Leasing and Rent-to-Own airplane finance has tax deductible monthly payments. Aircraft financed with Chattel Mortgage and Hire Purchase are depreciated to deliver a tax deduction. Interest charges and lender fees are tax deductible.

New operators that do not have the full documentation and trading history to meet lender criteria may seek No Doc and Low Doc commercial financing through specialist brokers.

Aircraft buyers can use an Aircraft Finance Calculator to calculate repayment estimates and compare loans.

Self-employed operators will full documentation and a good credit profile, can be eligible for offers at competitive interest rates. Providing detailed documentation can enhance the application and prospects.