The Banterra Bank Aircraft Finance Division is now offering competitive loan options for fully constructed and airworthy popular experimental aircraft including; Van’s RV series, GlassAir, Lancair, Kit Fox, along with several other that have manufacturer support and parts availability.
Because experimental aircraft are not listed in any industry price guides, comparable aircraft for sale in the U.S. will be reviewed to assist in determining values. Highly competitive rates and terms are based on
amount borrowed, engine times, and applicant’s needs. Credit approvals can be accomplished in most cases in one business day if all requested items are included with Credit Applications. The lender does not charge an application fee and offers 90 day credit “pre-approvals” to qualified applicants. Kits themselves, amateur designed and built from non-manufactured kit parts, gyrocopters, and sailplanes are excluded in the Banterra Bank program.
Contact the Banterra Bank Aircraft Team at (888) 254-5731 for more information and current financing options.