Posted in Aircraft Financing News
Banterra Aircraft

Hangar Use Issues at Airports That Receive Federal Grants

Public use airports that have accepted grants under the Airport Improvement Program (AIP) must comply with certain Federal policies included in each grant agreement as “Sponsor Assurances”. An airport Sponsor can simply be described as any entity operating and/or managing a federally obligated public use airport such as a municipality, county government, state, etc. Noted […]

Banterra Bank Aircraft Finance Now Offers Loans for Experimental Aircraft
Posted in Aircraft Financing News
Banterra Aircraft

Banterra Bank Aircraft Finance Now Offers Loans for Experimental Aircraft

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 […]

Banterra Bank Now Offers Light Sport (LSA) Aircraft Financing
Posted in Aircraft Financing News
Banterra Aircraft

Banterra Bank Now Offers Light Sport (LSA) Aircraft Financing

Banterra Bank Aircraft Finance Division announces its entrance into the Light Sport (LSA) financing arena with very competitive loan terms and interest rates. Our aircraft lending staff has over 70 years combined aircraft financing experience and offers “Hassle Free” service along with expedited credit decisions to get you in the air fast! The FAA defines […]

ADS-B Out Inexpensive Solution Now Available
Posted in Aircraft Financing News
Banterra Aircraft

ADS-B Out Inexpensive Solution Now Available

Every aircraft owner is aware of the looming 2020 ADS-B requirement for operations in controlled airspace. Avionic shops are backlogged with appointments for upgrades to panels and many owners of older generation aircraft have been hoping for a low-cost solution to allow them to keep flying beyond 2020. The uAvionix Corporation located in Bigfork, Montana […]

Aircraft Financing – Insurance Requirements
Posted in Aircraft Financing News
Banterra Aircraft

Aircraft Financing – Insurance Requirements

When financing an aircraft, lenders will require full “in-motion” and “not in-motion” insurance coverage for both the hull value and liability for the duration of the loan until paid off. Aircraft owners have the option of purchasing insurance through specialty aircraft insurance brokers or through a very limited number of direct underwriters. Aircraft insurance brokers […]