Frequently Asked Questions – Aircraft Loans


How much do I have to put down on my aircraft?

Typically, 10% to 20% is standard, exact amount may depend upon the size of the transaction.

Can I get preapproved for my loan?

Yes, absolutely. Initial loan approval commitments can be valid for 30 to 180 days from the date of pre-approval.

Can I finance the sales tax on my aircraft purchase?

Yes, lenders will often consider sales tax in the total price of the aircraft.

How long is my loan approval good for?

Approval commitments are generally valid for 30 to 180 days (varies by lender) and rate commitments typically range from 30 to 60 days.

Can you assist with FAA required documentation? Insurance options? Title and Registration?

Yes, wherever possible we will help with these services or recommend a qualified professional to meet your needs.

What is the maximum term available for an aircraft loan?

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.

What is the oldest aircraft you finance?

Lenders will normally extend financing on aircraft up to 25 years old, possibly older on a case-by-case basis.

Are refinance rates the same as purchase rates?

Generally, yes.

Is an aircraft pre-purchase inspection required?

Generally, yes. In some limited cases a recent manufacturers major phase inspection may suffice.

Are aircraft loans tax deductible?

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.

Can I own the aircraft in a LLC or Trust?

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.

Do you finance experimental aircraft?

Yes, we work with a number of lenders that will finance experimental aircraft.

Can I fund my boat while it is overseas?

Yes, with additional requirements.


For additional questions or discussion, please contact:

Craig Bowers
Director, Aircraft Lending

1300 Bristol St N., Suite 240
Newport Beach, CA 92660
408-674-8708 Cell
888-883-8634 Toll Free

“We are amazed with both of you. We can’t believe you have accomplished what you did in such a short period while sustaining the utmost professionalism and offering competitive rates. I will personally recommend you to anyone that I know needs boat financing. We could not have dreamed of this level and effectiveness and success.”


We wanted to thank you for being so great. We hit a lot of walls in purchasing a new boat, but you made it a lot easier, and we thank you and your staff. If you are ever in the Baltimore area please give us a call, we would love to take you for a sail

Darcie & Vince

“I’ve finally had time to slow down from work and boating to say “Thank You” for your very professional and expedient services, regarding the financing of my Sea Ray. You and your team were very impressive right from the start, and finished the finance package on time and with very little effort on my part. I will certainly pass on your name to anyone I hear looking for boat financing.”


See how Trident Funding can help you own the boat, yacht, or RV of your dreams.