Aircraft Finance

Matters of general interest
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Sulaco
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Aircraft Finance

Postby Sulaco » Fri Feb 01, 2013 11:13 am

Greetings fellow Aviators,

Does anyone know who will be able to assist me with Aircraft Finance?

Regards,
I'm a Pio...
I'm a Pya...
I'm a Pyl...
...I Fly Planes
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KlapperKnop
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Re: Aircraft Finance

Postby KlapperKnop » Fri Feb 01, 2013 11:51 am

Sulaco wrote:Greetings fellow Aviators,

Does anyone know who will be able to assist me with Aircraft Finance?

Regards,
You can apply to any banks; their is an aviation section within finance.
ZU-DJE
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Sulaco
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Re: Aircraft Finance

Postby Sulaco » Fri Feb 01, 2013 11:55 am

Thank You KlapperKnop
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...I Fly Planes
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ZS-NEL
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Re: Aircraft Finance

Postby ZS-NEL » Fri Feb 01, 2013 12:32 pm

and for some reason banks do NOT want to finance any LSA or Microlight :cry: (**)
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cobra
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Re: Aircraft Finance

Postby cobra » Fri Feb 01, 2013 12:37 pm

ZS-NEL wrote:and for some reason banks do NOT want to finance any LSA or Microlight :cry: (**)
Try Wesbank Aviation Finance at Lanseria, they never had a problem in the past :?:
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Sulaco
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Re: Aircraft Finance

Postby Sulaco » Fri Feb 01, 2013 1:50 pm

Spoke to Wesbank now. No Finance for LSA or Microlight categories or any Aircraft will be considered under R750k however they will Finance a new Sling, RV or Jabiru. Nedbank, Standard Bank and ABSA is a definate no no.
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Re: Aircraft Finance

Postby Bundy » Fri Feb 01, 2013 4:26 pm

Oct 2011...

Bank: Hello Sir, how can we help you?
AH: I'd like a loan please
Bank: Ok how much?
AH: R XXXX
Bank: Ok shouldnt be a prob, what is the loan for?
AH: I wanna buy a Microlight.
Bank: You wanna buy what??? :lol: :lol: :lol:
Bank: You're self employed??? :lol: :lol: :lol:
Bank: $#% off ....have a nice day. :)

(**)

Hope your luck is better than mine mate! (!!)

(Wife walked in and got a loan in 20 min flat! :wink: )
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KlapperKnop
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Re: Aircraft Finance

Postby KlapperKnop » Fri Feb 01, 2013 6:56 pm

Sulaco wrote:Spoke to Wesbank now. No Finance for LSA or Microlight categories or any Aircraft will be considered under R750k however they will Finance a new Sling, RV or Jabiru. Nedbank, Standard Bank and ABSA is a definate no no.
Sulaco, Absa will finance. Drop me a PM with you contact details; there is a lady at the Benoni branch that will do a deal for you.
ZU-DJE

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