When I finance a plane, may I finance a hangar with it?

Adam Answers
AOPA Finance

Question: When I finance a plane, may I finance a hangar with it? Or would they be separate loans?

Answer: We work as a broker and have multiple lenders to consider, all of which are specialized and experienced in aircraft financing. These lenders all use the aircraft as collateral for the loan, and they are unable to include financing for the purchase of a hangar. In rare circumstances, we have been able to get a lender to lend against an airplane for the purchase of a hangar, but if you purchase both at the same time, there wouldn’t be sufficient equity in the airplane to provide a loan for both. I often recommend checking with a local lender that has commercial real estate experience if you need hangar financing.

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

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