Aircraft financing

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ghazanhaider
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Joined: Fri Aug 14, 2009 11:37 am
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Aircraft financing

Post by ghazanhaider »

I'm about to purchase a bigger aircraft than what I've been using, one that costs significantly more.

I'm considering the funding sources of aircraft financing companies, or a fixed term HELOC.

Aircraft financing seems to come with higher interest rates, a rigid payment system (HELOC fixed term is also rigid but one has more amoritization options), and possibly other requirements like insurance type.

Is there any benefit to using aircraft-specific financing if other loan sources are lower in interest?
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