31st January 2017
By Adam Meredith
Adam answers in February edition.
Question: Is there financing available for building a new experimental airplane?
Answer: Yes, we have multiple options for financing aircraft kits. This type of financing typically has higher interest rates and shorter terms until the aircraft is completed. However, once finished the lenders can refinance into a more traditional type aircraft loan product with longer terms and lower rates. For factory-assisted, quick-build programs, there are several options as lenders approach these similar to other experimental aircraft. Please feel free to reach out to us if you have specific questions about an airplane kit or want to know more about the loan products we offer.
Great rates. Great terms. Helpful and responsive reps. Three good reasons to turn to AOPA Aviation Finance when you are buying an airplane. If you need a dependable source of financing with people who are on your side, just call 800.62.PLANE (75263) or click here to request a quote.
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AOPA Finance Team
Knowledgeable and friendly aircraft finance professionals you can trust to find the best terms for your financing needs. Our goal is to make aircraft ownership more affordable and accessible to pilots.