Aircraft Loans With Trident Funding
- Fixed/Variable Interest Rate
- Part 91/135 Use
- Progress Payment Financing
- Interest-Only Period
Frequently Asked Questions About Airplane Loans
Typically, 10% to 20% is standard, but the exact amount may depend upon the size of the transaction.
Yes, absolutely. Initial loan approval commitments can be valid for 30 to 180 days from the date of pre-approval.
Yes, lenders will often consider sales tax in the total price of the aircraft.
Approval commitments are generally valid for 30 to 180 days (varies by lender) and rate commitments typically range from 30 to 60 days.
Yes, wherever possible we will help with these services or recommend a qualified professional to meet your needs.
Twenty years is typically the maximum term offered but, with a larger down payment, a 25 year term may be an option. The maximum term available will also depend on the age of the collateral and amount of the loan request.
Lenders will normally extend financing on aircraft up to 25 years old, possibly older on a case-by-case basis.
Generally, yes. In some limited cases a recent manufacturers major phase inspection may suffice.
Aircraft operated in support of a business typically qualify for tax deductions, however it is critical that you consult with a qualified aviation tax professional to be certain. We work with a number of aviation tax specialists and would be glad to assist in referrals if needed.
In most cases, yes. However, just as with tax treatment, it is important that you consult with a qualified aviation attorney or a tax advisor for a more detailed discussion on ownership structure.
Yes, we work with a number of lenders that will finance experimental aircraft.