Helicopter Finance

 

Helicopters-Commercial Use (Bell, Eurocopter, etc)

Lease financing available for special use (fire-fighting, air ambulance, aerial application, sight-seeing, etc)

Military surplus (Sikorsky, Bell, etc) are typically used for these operations. We are one of the very few lenders who understand the value of these aircraft.
Required documentation

  • 3 years business and personal tax returns (Fed only)
  • 3 years financial statements (income/expense, balance sheets)
  • Current interim financial statements (year to date)
  • PFS from all applicants
  • spec sheet on aircraft

Robinson Helicopters (also Enstrom, Schweitzer)

  • Newer Robinson (more than half the core life remains)
  • Personal or Business use
  • Interest rate 5.5-5.9%
  • Up to 15 year amortization
  • Credit Score-Minimum 700 FICO
  • Debt to income ratio 36% maximum
  • Debt Coverage Ratio 1.25 for businesses
  • Loan to Value 80% Maximum
  • ACH payments required
  • Flight School leaseback ok, 5-7 year amortization
  • We work with dealers and brokers
  • Please dial extension 7 or ask for John