National Aircraft Finance Company - There are no aircraft age restrictions. Fixed rates are competitive and available up to twenty years. You will be required to provide complete logs and ensure there is no major damage history to the aircraft. The minimum loan amount is $10,000 and a down payment of between 15-20 percent is required.
NAFCO provides experimental aircraft financing to a wide range of established aircraft, both completed and in kit form, provided there are at least 25 completed aircraft flying hours in the United States. NAFCO establishes the loan amount of each experimental aircraft based on your experience, credit credentials and through valuation guides and/or by reviewing at least three comparable aircraft that are for sale in the United States.
National Aircraft Finance Company
In addition to the required financial documentation requested for the loan application process, clients will need to provide proforma invoices from each supplier that will be used, as well as an estimate of the total cost of the project.
Experimental Aircraft
Reporting to the National Open Market Property Placement Leader, this role will be a national resource for the corporate and commercial business units focused on the more challenged Property & Casualty policies that fall outside of our placement platforms.
National Aircraft Finance Company (NAFCO) has been financing aircraft since 1994 and have established a reputation for their expertise and proven efficiency in the industry, offering competitive financing for a variety of aircraft purchases and aviation upgrades.
To follow is a brief overview of the company and their partners. Company McLennan is committed to embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law.
Company strongly believes in "Feeling comfortable bringing your whole self to work is a fundamental right of every colleague." We offer the following benefits to our employees, so they feel valued each day at work: -
Nafco Overview
If you are self-employed, NAFCO requires, from all partners, 2 years signed personal and business tax returns to include all schedules together with year to date financial statement to include balance sheet and profit and loss.
Also required are K-1 form(s) if applicable. NAFCO also requires a brief history of the company including a detailed list of all business debts including outstanding balance and monthly payments if applicable. AOPA Aviation Finance is committed to providing support for the AOPA mission, which is to help preserve airports, grow the pilot population, and protect the interests of general aviation through advocacy in Washington, DC and all 50 states.
NAFCO is an affiliate of Pilot Bank, a Tampa Bay Community Bank that has operated successfully since 1987. NAFCO, with their partners, provides domestic as well as international aircraft financing and leasing to corporations and individuals for a wide range of different aircraft including kits,
pistons, twins and turboprops. Financing is only available to US citizens. A completed and signed application form is required, stating the loan amount requested. This must be completed by all partners in the agreement. Also required are two years of signed Federal tax returns.
Overview Of Requirements For Initial Approval And/Or Pre-Approval
If employed NAFCO requires two years W-2 forms and current pay stub. Company is the world's leading insurance broker and risk advisor. With over 35,000 colleagues operating in more than 130 countries, the Company serves commercial and individual clients with data driven risk solutions and advisory services.
Company is a business of Company McLennan (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue approaching US $20 billion and 85,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses: Company, Guy Carpenter, Company, and Company.
Follow the Company on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube. When applying for financing or refinancing for improvement loans, you will be required to provide a current aircraft specification sheet, financial disclosure and details of the proposed scope and budgeted cost of the project.
This is so NAFCO can assess the viability of the request and determine the loan structures on offer. When you upgrade your avionics with ADS-B In or Out to meet NextGen requirements, an unsecured program to finance your upgrade is available.
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