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Old 09-28-2022, 05:01 PM
MaysRV10 MaysRV10 is offline
 
Join Date: Jan 2021
Location: Algonquin
Posts: 12
Default Build Financing

Builders

When I started my kit 16 months ago I had factored in using NAFCO for financing the heavy price items of the build when I’d get to them; avionics, engine, paint, interior, and components. At the time NAFCO offered financing if you purchased the kit; empennage, fuselage, and wings. They also offered to finance components piece mail as you came to them in the build process. Ensuring you didn’t have a brand new Garmin system sitting on the shelf for three years.

I’ve reached that point in my build where I was ready to start ordering the bigger items. I reached out to NAFCO to start the loan process and they informed me they only finance completed projects now�� Has anyone else financed with NAFCO before they closed their kit financing down, if so how recent?

I spoke with AOPA finance as well, they loan only for completed kits.

Just wondering if other builders have used a different financial institution that offers loans on uncompleted kits?

Thanks
Andy

Last edited by MaysRV10 : 09-28-2022 at 06:39 PM.
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