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Best Way to Finance A Small Aircraft – Top 5 Aviation Lenders (2021)

best way to finance a small aircraft top 5 aviation lenders 2021 Airplane GEEK Best Way to Finance A Small Aircraft – Top 5 Aviation Lenders (2021)

Lucky for you we have compiled a list of some of the best Aviation lenders – These lenders meet the requirements we set forth above.

1. LightStream Aircraft Financing

Light stream aircraft financing offers really attractive rates and options. LightStream offers a unique lending solution that allows customers with strong credit to borrow funds for purchases that had previously required collateral, or that fall into categories where few or no loan options exist.

Light stream offers to finance for many different ranges of aircraft and generally cap at around $100,000

 

Loan amount

24 – 36 

37 – 48 

49 – 60 

61 – 72 

73 – 84 

$5,000 — $9,999 

24 to 36 months at 5.99% – 9.99% 5.99% – 9.99% 

37 to 48 months at 7.14% – 11.34% 7.14% – 11.34% 

49 to 60 months at 7.29% – 11.49% 7.29% – 11.49% 

61 to 72 months at 7.69% – 11.89% 7.69% – 11.89% 

73 to 84 months, rates not available for this amount. N/A

$10,000 — $24,999 

24 to 36 months at 4.29% – 7.99% 4.29% – 7.99% 

37 to 48 months at 5.84% – 9.84% 5.84% – 9.84% 

49 to 60 months at 5.99% – 9.99% 5.99% – 9.99% 

61 to 72 months at 6.39% – 10.39% 6.39% – 10.39% 

73 to 84 months, rates not available for this amount. N/A

$25,000 — $49,999 

24 to 36 months at 4.49% – 8.49% 4.49% – 8.49% 

37 to 48 months at 4.99% – 9.84% 4.99% – 9.84% 

49 to 60 months at 5.29% – 9.99% 5.29% – 9.99% 

61 to 72 months at 5.49% – 10.39% 5.49% – 10.39% 

73 to 84 months at 5.29% – 9.99% 5.29% – 9.99% 

$50,000 — $100,000 

24 to 36 months at 4.49% – 8.49% 4.49% – 8.49% 

37 to 48 months at 5.84% – 9.84% 5.84% – 9.84% 

49 to 60 months at 5.99% – 9.99% 5.99% – 9.99% 

61 to 72 months at 6.39% – 10.39% 6.39% – 10.39% 

73 to 84 months at 5.49% – 9.59% 5.49% – 9.59%

 

Even though these options are directly from light stream, this gives you a better baseline when looking through the entire industry.

 Check them out here

2. US Aircraft Finance

A Veteran-Owned Business. An Industry Leader in Aircraft Finance Since 1998. Finance your aircraft purchases, upgrades, and more. Low Rates. Free Quote. They also offer Insurance coverage: Liability Coverage, Hull Coverage, Medical Coverage.

Check them out here

 

3. PNC Aviation Finance

PNC Aviation Finance has a full menu of aircraft lending capabilities and solutions including loans, leases and dealer floor plans. PNC aircraft financing offers up to 20-year amortization schedules designed to maximize your cash flow.

Check them out here

 

4. Banterra Aircraft Financing

Banterra’s competitive aircraft financing program offers many aviation industry exclusives including reduced customized down payment options for qualified applicants. Banterra is also one of the leading aircraft financiers in the industry with years of experience.

Check them out here

 

5. National Aircraft Finance Company | NAFCO

NAFCO is an affiliate of Pilot Bank, a Tampa Bay Community Bank that has operated successfully since 1987.  When you finance your aircraft with NAFCO, you have access to personal and commercial business banking, treasury management, health savings accounts, and mortgage services. NAFCO services all types of aviation financing from Single Engine Piston, to Multi-Engine Turbo Props.

Check them out here

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