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Aircraft Finance
Posted: Fri Feb 01, 2013 11:13 am
by Sulaco
Greetings fellow Aviators,
Does anyone know who will be able to assist me with Aircraft Finance?
Regards,
Re: Aircraft Finance
Posted: Fri Feb 01, 2013 11:51 am
by KlapperKnop
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.
Re: Aircraft Finance
Posted: Fri Feb 01, 2013 11:55 am
by Sulaco
Thank You KlapperKnop
Re: Aircraft Finance
Posted: Fri Feb 01, 2013 12:32 pm
by ZS-NEL
and for some reason banks do NOT want to finance any LSA or Microlight
Re: Aircraft Finance
Posted: Fri Feb 01, 2013 12:37 pm
by cobra
ZS-NEL wrote:and for some reason banks do NOT want to finance any LSA or Microlight
Try Wesbank Aviation Finance at Lanseria, they never had a problem in the past
Re: Aircraft Finance
Posted: Fri Feb 01, 2013 1:50 pm
by Sulaco
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.
Re: Aircraft Finance
Posted: Fri Feb 01, 2013 4:26 pm
by Bundy
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???
Bank: You're self employed???
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!
)
Re: Aircraft Finance
Posted: Fri Feb 01, 2013 6:56 pm
by KlapperKnop
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.