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08-04-2014, 07:41 AM
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Join Date: Jan 2014
Location: Goldsboro, NC
Posts: 28
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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?
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08-04-2014, 08:10 AM
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Join Date: Aug 2005
Location: Falmouth, MA
Posts: 355
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You might try First Priority Bank of Prior, OK. They financed my 1996 RV-4 when I sold it.
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08-04-2014, 08:21 AM
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Join Date: Jan 2008
Location: Granbury, TX
Posts: 543
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Quote:
Originally Posted by Mitch757
You might try First Priority Bank of Prior, OK. They financed my 1996 RV-4 when I sold it.
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I used them as well for both a construction loan, and a loan once the plane was finished.
__________________
Jason Tremble
RV-7A (Flying and Sold)
RV-10 in process (@#$$%# Cabin Top & Doors)
Paid for 2020
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08-04-2014, 11:38 AM
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Join Date: Jan 2005
Location: Louisville, Ga
Posts: 7,840
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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,
__________________
Pierre Smith
RV-10, 510 TT
RV6A (Sojourner) 180 HP, Catto 3 Bl (502Hrs), gone...and already missed
Air Tractor AT 502B PT 6-15 Sold
Air Tractor 402 PT-6-20 Sold
EAA Flight Advisor/CFI/Tech Counselor
Louisville, Ga
It's never skill or craftsmanship that completes airplanes, it's the will to do so,
Patrick Kenny, EAA 275132
Dues gladly paid!
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08-04-2014, 11:43 AM
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Senior Curmudgeon
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Join Date: Sep 2005
Location: Dayton Airpark, NV A34
Posts: 15,408
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You might try checking with EAA, and AOPA.
__________________
Mike Starkey
VAF 909
Rv-10, N210LM.
Flying as of 12/4/2010 
Phase 1 done, 2/4/2011
Sold after 240+ wonderful hours of flight.
"Flying the airplane is more important than radioing your plight to a person on the ground incapable of understanding or doing anything about it."
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08-04-2014, 01:44 PM
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Join Date: May 2006
Location: Pocahontas MS
Posts: 3,884
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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
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08-04-2014, 03:05 PM
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Super Moderator
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Join Date: Jan 2005
Location: Hangar/home at Hicks Airfield (T67), Fort Worth, TX
Posts: 629
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Flying RV Financing
My 6A is financed thru PNC Bank. Google them, you may have a local office.
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Mike Reddick
VAF#153
Pilots N Paws Pilot
RV6A N167CW 1,900 HRS
Ft Worth, TX (T67)
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08-04-2014, 03:15 PM
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Join Date: Jul 2008
Location: Houston, TX
Posts: 456
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Bank of America finances experimentals also. You can go through the AOPA or directly through BofA.
__________________
Michael Delpier
RV6A -O-320, fixed pitch, GRT Sport, 496
RV-10 - working on finish kit
Houston
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08-04-2014, 05:43 PM
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Join Date: Mar 2010
Location: KSGJ / TJBQ
Posts: 2,034
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I kid you not, Pilot Bank in Tampa FL financed my experimental.
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08-04-2014, 06:16 PM
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Join Date: Oct 2008
Location: Atlanta, GA
Posts: 254
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First Pryority
They advertise in Trade-a-plane
John Morgan
__________________
John Morgan
Atlanta, GA KPDK
N613SC
RV6A -SMILIN 1
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