OPTION 1No Personal Guaranty Flying Club loan |
OPTION 2Limited Personal Guaranty Flying Club loan |
OPTION 3*Leaseback Loan to a Flying Club |
|
|---|---|---|---|
| Borrower | Flying Club | Flying Club | Individual or LLC |
| Personal Guaranty | No Personal Guaranty | Limited Personal Guaranty Required | Personal Guaranty Required |
| Loan to Value | Up to 50% LTV | Up to 80% LTV | Up to 70% LTV |
| Loan Term | Up to 10 years | Up to 10 years | Up to 12 years |
| Interest Rates | Approx. 8.75-9.99% | Approx. 8.75-9.99% | Approx. 7.25-7.75% |
| Age of Flying Club | For Established Flying Clubs only w/minimum 5 years of operation | Start-ups to Flying Clubs up to 5 years of operations | Start-ups OK |
* Requires strong credit, cash flow must not be dependent on flying club.
Call now to speak with one of our aviation loan specialists. They will take the time to understand your needs and build the right finance package for your flying club.
Have additional questions? Feel free to contact us or call us at 800.627.5263
Ready to Finance an Airplane for Your Club?
Call 800.62.PLANE (75263) to speak with one of our aviation loan specialists or click below to request a free quote.
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