With our easy application and competitive rates, your dream of owning an aircraft can take flight
We finance a wide range of aircraft that are certified for flight.
Are you paying too much for your aircraft loan? Refinancing could help you find a loan with terms that work better for you. Depending on your situation, you may be able to:
In most cases, we can make a decision on your loan application in under 24 hours. In some cases, we may need to ask you for more details, and then the process takes a little longer.
You’ll need to provide the following information on your loan application:
In some cases, we may ask for additional information after you submit your application.
No, you don’t have to be a member to apply, but you do need to become a member if you want to take the loan. But don’t worry—it’s quick and easy to join Global.
When you apply for a loan, we ask if you’re already a Global member. If you’re not, just follow the instructions at the end of the application process to join.
We offer financing for new and used aircraft for personal use. The aircraft must be certified for flight. You can also use your aircraft for business purposes, as long as you are not charging for its use.
If you want to finance a commercial aircraft and you intend to use the aircraft to generate business income (for example, for charters or flight seeing) then you may be able to finance it through an Alaska USA business or commercial loan.
If you are financing a used aircraft, then it will require an appraisal. We also use public market information, the Aircraft Blue Book, and the purchase price to determine the current market value of the aircraft.
The appraisal must disclose detailed information about any deficiencies and list all recommended repairs, and it must include photographs. You can get an appraisal from a disinterested aircraft dealer or an FAA qualified appraiser.
To finance your aircraft, you will need proof of in-flight and ground hull coverage equal to the amount of the loan with a breach-of-warranty endorsement.
The maximum deductible allowed is $2,500 or 1% of the actual value of the aircraft, whichever is greater. You must provide documentation of your insurance coverage at or before the loan closing.
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Whether it’s in a branch or over the phone, you’ll always talk to a real person.
1Interest rate is dependent upon the credit qualifications of the borrower(s). Rates are subject to change at any time for any reason. See our rates page for full details.