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.
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. RBC Wealth Management employees may receive compensation from RBC Wealth Management for referring clients to First American Equipment Finance. Additional terms apply and can be found by visiting faef.com/terms.
RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC. City National Bank is an affiliate of RBC Wealth Management a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC, and an indirect wholly-owned subsidiary of the Royal Bank of Canada. City National Bank Member FDIC. Banking products and services offered by City National Bank are not SIPC insured and are subject to City National Bank’s terms and conditions.
Investment and insurance products offered through RBC Wealth Management are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and
are subject to investment risks, including possible loss of the principal amount invested.
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