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How to Apply

Applying for an aircraft loan through AirFleet Capital is a quick, easy 3 part process. The following outlines the application and closing process.

Application and Approval Process

  1. Complete the application and forward to AirFleet Capital, via mail, overnight express, e-mail or fax, together with supporting information listed on the Financial Information Requirements Sheet (i.e. aircraft specifications if available, 2 years' tax returns for business and/ or individual purchasing aircraft - include all applicant(s)/ guarantor(s) information).
  2. Upon receipt, AirFleet will review the Application and will contact you with any questions.
  3. AirFleet will give an approval typically within one business day. More complicated business financings may take longer.

The Closing Process

Closing takes 2 business days - 1 day to prepare and overnight documents to you and 1 day for you to sign and return the documents. AirFleet includes a pre-paid, pre-addressed overnight return envelope to expedite the process.

  1. AirFleet conducts title search on aircraft.
  2. AirFleet forwards Closing Package via overnight FedEx for signing by Purchaser/ Guarantor together with a closing document instruction sheet.
  3. Closing documents to be signed, notarized and returned.
  4. AirFleet wires the loan amount to seller/ lien holder, as designated by buyer, upon receipt of documentation and authorization. Buyer makes down payment to seller.

Post Closing

  1. AirFleet submits the necessary FAA documentation to the FAA for filing (Registration, Bill of Sale,The International Registry if applicable, etc.).
  2. AirFleet copies and forwards a complete set of documents to you for your records.
  3. AirFleet conducts post-sale title search to verify proper title and forwards a copy to you for your records.