Aviation
Financing for Helicopters & Light Aircraft
We offer competitive aircraft loans for helicopters and light aircraft (2 -6 seats) to both businesses and private operators. We typically fund UK based General Aviation aircraft on the G-register costing between £30,000 to £1m.
The Loan Facility: An Aircraft mortgage is a loan agreement where money is used to buy an aircraft and where we take security in the form of a charge or mortgage on the aircraft. Aviation Mortgages are the most sensible way of spreading the cost of these high value assets whilst giving us security over the asset.
How does the loan work?
- You select the helicopter or aeroplane of your choice and we sign a loan agreement with you.
- This requires you or your business to pay a fixed number of loan repayments over a fixed period of time.
- The interest charges are normally fixed throughout the agreement.
- Balloon payments can be structured at the end of the loan.
We pay the loan advance to you or your business. In order to secure the loan, we need the registration and other particulars of the aircraft. In some cases a professional valuation or survey is required to determine the condition and value of the aircraft. We will also seek register the mortgage interest with the relevant authority.
If you would like to find out more about aircraft financing, request a quick quote call us today on +44 (0)28 2565 6000,