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-   -   Any banks that will finance a flying Vans aircraft? (https://vansairforce.net/community/showthread.php?t=116012)

bottlerocket 08-04-2014 07:41 AM

Any banks that will finance a flying Vans aircraft?
 
Did some searching online and the only two places I've found that finance an already built RV is NAFCO and Wings Financial. Are these really the only two options for someone who isn't ready to pay cash for an already built RV?

Mitch757 08-04-2014 08:10 AM

You might try First Priority Bank of Prior, OK. They financed my 1996 RV-4 when I sold it.

UnPossible 08-04-2014 08:21 AM

Quote:

Originally Posted by Mitch757 (Post 903739)
You might try First Priority Bank of Prior, OK. They financed my 1996 RV-4 when I sold it.

I used them as well for both a construction loan, and a loan once the plane was finished.

pierre smith 08-04-2014 11:38 AM

Try a local bank
 
Our local bank has been financing airplanes since I moved down here in 1971 and currently holds the paper on my Air Tractor 402....paid the -10 off last year with them as well.

Best,

Mike S 08-04-2014 11:43 AM

You might try checking with EAA, and AOPA.

rv7charlie 08-04-2014 01:44 PM

Are you a member of a credit union? My employees' credit union financed my 1st RV-4. They just wanted an appraisal by an a/c appraiser, & proof of hull insurance. The rate was the same as they charged for 'the other RV' 's at the time.

BTW, the same thing applies to insurance. If you're having problems, check with the agent that wrote you for any certified planes you've owned. For a while on that -4, I used the same agent that insured my Luscombe.

Charlie

mrreddick 08-04-2014 03:05 PM

Flying RV Financing
 
My 6A is financed thru PNC Bank. Google them, you may have a local office.

Mike D 08-04-2014 03:15 PM

Bank of America finances experimentals also. You can go through the AOPA or directly through BofA.

GalinHdz 08-04-2014 05:43 PM

I kid you not, Pilot Bank in Tampa FL financed my experimental.

:cool:

morganjp 08-04-2014 06:16 PM

First Pryority

They advertise in Trade-a-plane

John Morgan


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