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Financing Light-Sport Aircraft

Adam Answers

Adam answers in June's edition. 
Aerial photography of the Glasair Sportsman Diesel powered LSA flown by AOPA Senior VP, Tom Haines, with Glasair pilot, Nick Frisch. Felts Field (FFA) Spokane WA USA

Question: Is there financing for SLSA and ELSA ready-to-fly aircraft?

Answer: Yes, we have lending options for most LSA’s. Since these aircraft do not typically have book values, lenders look for at least 25 registered with the FAA and three comparable listings. If the make and model does not meet this requirement, a desktop appraisal would be needed. AOPA Aviation Finance will help coordinate any appraisal with the lender. 

Question: Does aircraft financing also include gyrocopters?

Answer: Currently we do not have lending options available specifically for gyrocopters. These aircraft tend to be difficult to value with a limited market. We do offer our Flexible Aviation Loan, however. This product does not take the aircraft into consideration. Its flexibility allows it to be used for aircraft that do not fit a more traditional lending model. Please call and speak to one of our account executives and they can direct to our online application to apply.

Have questions for Adam? He is happy to answer them. Submit your questions here.

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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Adam Meredith

Adam Meredith

President of AOPA Aviation Finance Company
Adam Meredith, President of AOPA Aviation Finance Company, is an aircraft finance professional with more than 15 years lending, small business management and customer service experience. Adam is a commercial pilot with multi-engine and instrument ratings.
Topics: AOPA Aviation Finance Co, AOPA Products and Services

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