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Must be 18 to apply. Rate is subject to credit approval.  Term various on value and type of aircraft.  All loan products terms and conditions are subject to change 

Whether you plan to purchase a new or used airplane, and whether it’s for business or personal use, we can help. We have been in the Aircraft Lending business for more than 25+ years. Let us help you get off the ground!


Rate, Term & Requirement Information


Aircraft Lending


Please call us at (800) 462-7032 for a terms and current rates


Equity Requirements


Single Engine

 Aircraft Value $0 - $47,000

  • Loan up to 80% of the value or price, whichever is lower.

 Aircraft Value - >$47,000

  • Loan up to 85% of the value or price, whichever is lower.


​Agriculture Planes
80% of value or price, whichever is lower
Various terms offered
We do not loan on start-up spraying operations.


We do not loan on twin engine aircraft, warbirds, some aircraft placed on leaseback, homebuilt and light sport, helicopters, antiques, wood-wings, most cloth-covered aircraft, leasebacks, flight schools, jets, Part 135 or other commercial operations, or on any aircraft based and operated outside the continental U.S.

We will finance an aircraft used for training purposes so long as the aircraft is used for training by the borrower only.


REQUIREMENTS


  • Approved Credit
  • Copies of previous two years income tax returns with Business Schedules
  • Airplane Specification Sheet
  • Title Search
  • Photos of interior, panel, and exterior of aircraft
  • Copies of all log books (not required for approval, but must be obtained before loan is funded)
  • Hull insurance with breach of warranty or lender’s interest endorsement
  • Pre-purchase inspection upon request
  • Copy of Pilot’s License and Driver’s License/Gov’t Issued Photo ID Card


All loans have a document preparation fee, wire fee, FAA filing fee, credit check, overnight mail fee, payment book fee, and title search fee.


Aircraft Evaluations


Send us your plane’s specifications sheet to receive an estimated retail value, email us at  aircraft@firstpryority.com or give us a call at (800) 462-7032 or fax at (918) 825-0519.


Be sure to include damage history, whether it has complete logs, interior or exterior condition, times and avionics list.