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Loan Requirements
| Q: |
What documentation and/or verifications should I expect to provide to get qualified for an airplane loan?
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| A: |
The amount of documentation will depend on the size of the loan request. For loans in excess of $150,000, prepared to provide two years personal and business tax returns (if applicable), current proof of income and liquidity. A complete loan application along with an up to date personal financial statement. Of course, a complete description of the plane you are purchasing is required as well. |
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| Q: |
Hello, I have a client interested in purchasing one of our LSA and I would like to know what are your current requirements, rates, terms, etc... Please email me the info as soon as possible.
Thank you,
Christopher Regis
Paradise USA
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| A: |
Christopher, your client will need to complete an aircraft loan application and submit it along with proof of income and liquidity. |
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