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Aircraft financing
The sky’s the limit
With our easy application and competitive rates, your dream of owning an aircraft can take flight
If you’re looking for a new or used aircraft, it’s quick and easy to apply for financing.
- Get competitive rates.
- Apply online, over the phone, or in a branch.
- No application fees.
- Save time by getting preapproved before you start shopping.
- Pay your bill automatically from your checking or savings account.
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:
- Lower your monthly payment.
- Reduce your interest rate.
- Pay your aircraft off faster.
1
Apply online
Answer a few simple questions and see what you qualify for.2
Get preapproved
With your loan preapproved, you know exactly how much you can afford to spend.3
Find your aircraft
Take your preapproval to the dealership and select the aircraft you want.4
Close the deal
Purchase your new aircraft and take flight.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:
- Name
- Social security number
- Physical and mailing address
- Employment information
- Gross monthly income
- Date of birth
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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Always here when you need us
We don’t think exceptional service should be so exceptional. Get in touch with us 24/7 from anywhere in the world.
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.