Are you considering an avionics upgrade or engine overhaul? Let AOPA Aviation Finance help.
Financing upgrades to your aircraft prevents you from having to liquidate a portion of your financial portfolio. AOPA Aviation Finance works with several lenders to provide options for aircraft upgrades.
When you call to speak with us about your options, please be prepared to discuss project budget and scope of work. We will also need a proposed invoice from your avionics shop of choice. We can help you find financing for your upgrade(s) and will work with you to make your monthly payments lower and more manageable than you might think.
Please call and speak to one of our loan specialists today!
Caroline Childs was amazing to work with. Being that this is our first aircraft purchase, she was very helpful and patient.
Anonymous.
Aircraft lenders will use the aircraft as collateral and can provide financing for up to 80%-85% of the post-upgrade value of the aircraft. In most cases, labor and installation cannot be financed, so there will be some out-of-pocket expenses for the upgrade. If your aircraft is currently financed, it is likely that adding to your existing loan balance will require the loan to be refinanced. It’s very common to refinance a loan in order to pay for upgrades, however, rates today are higher than they were a few years ago, so you may not want to give up your current interest rate by refinancing.
Have additional questions? Feel free to contact us or call us at 800.627.5263