PRIVATE AIRCRAFT
For many, fractional ownership is the optimal way to experience private aviation without the cost of owning and maintaining an aircraft. First American is well-versed in financing fractional ownership from 1/16 share (50 hours) to 1/2 share (400 hours).
First American finances U.S.-registered new or pre-owned (up to 15 years old) aircraft, including jets, turboprops and helicopters, across a variety of manufacturers.
Floating or fixed-rate options
Loan-to-values between 70% and 90%
Loan amounts most commonly between $1 million and $30 million USD
P 5- to 7-year terms, with amortizations up to 20 years
First American offers highly competitive financing solutions for corporate entities and the business needs of high-net-worth individuals. We will be there throughout the financing process, offering well-executed guidance while considering cash
flow and borrowing options to ensure that you obtain a financing solution that best meets your needs, whether you are looking to purchase your first aircraft or upgrade to the next level.
Well-connected industry specialists
Professional appraisals
Competitive interest rates
Customized payment plans
For more information, contact your RBC Wealth Management financial advisor for a referral to First American.
Product Disclosure Statement:
All loan applications are subject to underwriting guidelines, review, and final approval. This communication does not constitute an offer to lend, nor is it a commitment to lend. Not all applicants will qualify for the loan products offered. Loan terms, programs, conditions, and interest rates are subject to change without notice. Fees and costs associated with the loan are governed by applicable state and federal laws, including high-cost loan thresholds. Creditworthiness, income, and collateral are subject to comprehensive review and approval. Loan programs may require a minimum credit score or other specific eligibility criteria. Availability of products and services may vary by state, and certain products may not be offered in all states. Additional terms, conditions, and restrictions may apply. All transactions and equipment financing and leasing are offered through a Third-Party Originator (TPO). Specific products and programs may vary based on the finance company’s guidelines and policies. Equipment financing and leasing are offered by First American Equipment Finance, a subsidiary of City National Bank, and are subject to credit approval by, and documentation acceptable to, First American Equipment Finance.Christian Penner PA is a Licensed Realtor & Commercial Mortgage Broker, and Mortgage Loan Originator, NMLS# 368289.
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