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What Aviation Loans Can Do for You
Acquiring an aircraft, whether for business operations, charter services, agricultural work, or private use, represents a significant financial commitment. Aviation loans give individuals and businesses the ability to fund that commitment without tying up working capital or disrupting cash flow. At Bannister Financial Services, we work with a broad panel of lenders across Australia to help clients access aircraft finance that suits their specific circumstances and goals.
Aviation finance is not a one-size-fits-all product. The loan amount, structure, and terms will vary depending on the type of aircraft, its intended use, whether it is new or used, and the financial profile of the borrower. Bannister Financial Services takes the time to understand each client's position before approaching lenders, ensuring that the finance options presented are relevant and realistic.
Fixed and Variable Interest Rate Options
One of the key decisions in structuring an aviation loan is choosing between a fixed interest rate and a variable interest rate. A fixed interest rate locks in repayments for the term of the loan, providing certainty in budgeting. A variable interest rate may move with market conditions, which can work in a borrower's favour depending on the economic environment. The aviation loan interest rate a client receives will depend on the lender, the loan amount, the aircraft being financed, and the overall strength of the application. Bannister Financial Services presents options across both structures so clients can make an informed decision.
New and Used Aircraft Finance
Bannister Financial Services arranges finance for both new aircraft and used aircraft. A new aircraft loan typically attracts different lender criteria compared to a used aircraft loan, particularly where the age and condition of the aircraft affect its assessed value. Whether a client is looking at a light single-engine plane, a twin-engine aircraft, a turboprop, or helicopter finance, the team at Bannister Financial Services has the experience to identify suitable lenders and structures.
Helicopter finance follows a similar process to fixed-wing aircraft finance, though lenders may apply different valuations and loan-to-value considerations. Bannister Financial Services has worked across both categories and understands the nuances that apply to each.
Aircraft Refinance
For clients who already hold an aircraft loan, aircraft refinance may be worth considering. Refinancing an existing facility can allow a borrower to adjust their loan term, move between a fixed and variable interest rate, or consolidate their aviation funding arrangements. Bannister Financial Services assesses each refinance request on its merits and works to identify whether a better-structured facility is available through the lender market.
Private and Commercial Aircraft Loans
A private aircraft loan serves a different purpose to a commercial aircraft loan. Private use financing is typically structured around the individual borrower's financial position, while commercial aircraft loan applications are assessed against the business's revenue, cash flow, and operational profile. Bannister Financial Services works with clients across both categories, from private pilots pursuing aircraft ownership to businesses expanding their aviation capabilities.
Plane finance and aviation finance more broadly require a broker who understands the asset class and the lenders willing to participate in it. Not every lender in Australia actively writes aviation loans, which is why working with a specialist finance broker like Bannister Financial Services matters. Our team knows which lenders are active in this space, what their credit criteria look like, and how to present an application that gives a client the strongest possible position.
Whether you are considering an aircraft purchase, an aircraft lease arrangement, or refinancing an existing facility, Bannister Financial Services has the relationships and the experience to help. We also assist clients with related financing needs, including asset finance, equipment finance, and business loans, making us a practical choice for businesses with broader capital requirements.
For businesses with interests across multiple asset types, our team can also assist with maritime loans and vehicle finance, ensuring your entire fleet of assets is financed through a single, experienced broker relationship.