With business planes at record low prices, buyers have a rigid set of rules to now adhere to in order to get financing. The key is to start looking for financing early on in the process to take advantage of motivated sellers and outstanding prices.<\/p>\n
Banks are scrupulously cautious and require a lot of buyer documentation and their own due diligence to ensure the aircraft\u2019s value, so borrowers do not want this part of the purchase to knock them off a great deal. A reputable aviation transaction attorney <\/a>and acquisition consultant can assist with pre-purchase finance agreements and inspections to calm a lender\u2019s nerves about the value.<\/p>\n Lenders look to assist with financing for the most well maintained aircraft, and shrug their shoulders at anything more than 20 years old. Because of elevated supply levels, five to 10-year-old planes are the most attractive, unless the buyer wants a special airplane, can put more (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" With business planes at record low prices, buyers have a rigid set of rules to now adhere to in order to get financing. The key is to start looking for financing early on in the process to take advantage of…<\/span><\/p>\n