Frequently Asked
Questions
Find answers to common questions about international aircraft financing, foreign national loans, and cross-border aviation transactions.
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Can foreign nationals finance aircraft in the United States?
Yes, foreign nationals can finance US-registered aircraft. We specialize in providing aircraft financing solutions for non-US citizens and residents, with expertise in the unique requirements and documentation needed for international clients.
Which countries do you serve?
We serve clients from over 180 countries worldwide. Our financing solutions are available to clients from most nations, with exceptions for countries under US sanctions (such as Cuba, Iran, North Korea, Syria, Russia, and Belarus). Each country may have specific documentation requirements.
What types of aircraft can be financed?
We provide financing for a wide range of business aircraft including light jets (Citation CJ series, Phenom), midsize jets (Citation Latitude, Praetor 500), super-midsize jets (Longitude, Challenger 350), large cabin jets (Gulfstream, Global Express), turboprops (King Air, PC-12), and helicopters.
What are the minimum and maximum loan amounts?
Our international aircraft financing typically starts at $1 million USD with no strict upper limit for qualified clients. Loan amounts are determined based on the aircraft value, client financials, and transaction structure.
Documentation Requirements
What documents are required for international clients?
International clients typically need to provide: valid passport, proof of residence, personal financial statements (2+ years), tax returns or equivalent documentation, bank statements (6-12 months), and credit references. Business clients also need corporate formation documents, business financials, and ownership documentation.
Do I need a US bank account?
While not always required, having a US bank account can streamline the financing process. We can advise on the best approach based on your specific situation and help coordinate with US financial institutions if needed.
What if my documents are in a language other than English?
Documents in languages other than English can be submitted with certified translations. We can recommend translation services if needed and have experience working with documentation from many countries.
How do you verify international credit history?
We use a combination of international credit bureaus, bank references, and alternative verification methods to assess creditworthiness for international clients. We understand that credit reporting varies by country and adapt our process accordingly.
Financing Terms
What are typical loan terms for international clients?
Loan terms typically range from 5 to 20 years depending on the aircraft age, client profile, and loan amount. Down payments usually start at 15-20% of the aircraft value, though this varies based on the specific transaction.
Are interest rates higher for international clients?
Interest rates for international clients may vary slightly from domestic rates due to additional complexity and risk factors. However, our specialization in international transactions allows us to offer competitive rates for qualified clients.
Can I finance in currencies other than USD?
While most of our financing is denominated in US dollars, we can discuss multi-currency considerations and help structure transactions that account for currency exchange factors in your situation.
What ownership structures are available?
We work with various ownership structures including personal ownership, corporate ownership (US and foreign entities), trusts, and special purpose vehicles. We can advise on the most appropriate structure based on your objectives and jurisdiction.
Process & Timeline
How long does the financing process take?
The typical timeline for international aircraft financing is 4-6 weeks from initial consultation to closing. This can vary based on documentation completeness, transaction complexity, and aircraft inspection requirements.
Can I get pre-approved before finding an aircraft?
Yes, we offer pre-approval for qualified clients. This can strengthen your position when negotiating aircraft purchases and helps streamline the process once you identify your aircraft.
What happens after I submit my application?
After submission, our team reviews your documentation, may request additional information, and works with underwriting to structure and approve your financing. You'll have a dedicated point of contact throughout the process.
How do you handle closing across different time zones?
We regularly coordinate closings across multiple time zones and can accommodate scheduling needs for international clients. We use secure electronic document signing where possible to facilitate the process.
Registration & Operations
Can international owners register aircraft in the US (N-number)?
Yes, there are several pathways for international owners to register aircraft with the FAA, including owner trusts and certain corporate structures. We can help you understand the options and connect you with appropriate legal counsel.
Where can the aircraft be based and operated?
US-registered aircraft financed through our programs can typically be based and operated globally, subject to local regulations and any specific loan covenants. We'll discuss any operational considerations during the financing process.
What insurance requirements apply?
Aircraft financed through our programs require comprehensive insurance coverage meeting lender requirements. We can provide guidance on coverage requirements and recommend international aviation insurance brokers.
Do you help with FAA registration and airworthiness?
While we don't directly handle FAA registration, we work closely with aviation attorneys and services that specialize in aircraft registration. We can facilitate introductions and coordinate the registration process with your financing.
Still Have Questions?
Our international aviation finance specialists are ready to answer your specific questions and discuss your aircraft financing needs.