Aircraft Loans
We offer competitive loans for helicopters and light aircraft. 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 it works:
- You select the helicopter aircraft 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. 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.
Note: We can arrange aviation finance for both UK and US registered aircraft and assist with transfers if necessary.
1–5 Year Repayment Terms
This is the minimum and maximum terms in years that the loan agreement will run for. The useful life and economic life are very important considerations.
1–8 Years Repayment Terms
This is the minimum and maximum terms in years that the loan agreement will run for. Longer repayment terms require careful examination of the asset, possible technological obsolescence and anticipated usage.
1–10 Year Repayment Terms
This is the minimum and maximum terms in years that the loan agreement will run for. Long repayment terms require careful examination of the asset, possible technological obsolescence and anticipated usage. Payment terms that extend to 8-10 years are only possible in exceptional circumstances.