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Old May 11th 08, 05:58 AM posted to rec.aviation.piloting
ProCredit
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Default Question about term lengths for aircraft loans

formulated on Friday :
To do some very preliminary budgeting for purchasing an older single
engine aircraft, I need an idea of how long of a term that a finance
company might provide for a 30 year old aircraft. I suspect there must
be a typical limit for aircraft over a certain age.


Does anyone have information that can get me in the ball park?
Is it possible to get a 15 year or even a 20 year loan on a 30 yo
plane?


Credit is a function of your MyFico and personal balance sheet.Combined
withyour downpayment against the minimalized value of the A/C.