Equity Financing on an Aircraft

Adam answers in January's edition. 
AOPA Finance

Question: I own a 117RG that’s free & clear and seeking to finance up to $80K w my plane as you all offer this service?

Answer: Equity financing of an aircraft can be challenging. Lenders will need a good understanding of how the funds are to be used. If the funds are to be put back into the aircraft for upgrades, improvements, etc. we have plenty of options. This would be treated like any other purchase or refinance. If the funds are to be used to invest elsewhere or to increase cash flow, the lending options are much more limited. Generally, we would expect a lower advance and increased rates for this type of financing. Please give us a call, we would be happy to discuss your unique situation.

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.

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, Ownership

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