An aircraft note is created when you, either an aircraft dealer or an individual, sell an aircraft and provide the financing. Aircraft notes may be secured by private planes, private jets, or helicopters. Aircraft buyers typically make only a small (10 to 20 percent) down payment when they purchase the aircraft, then finance the remainder. Unlike mobile homes and equipment, aircraft tend to appreciate in value.
What are your benefits of selling aircraft notes?
Individual aircraft note holders:
It provides you immediate cash, which you can use for another purpose You no longer have to collect payments on the note
Aircraft manufacturers and dealers:
You can use the cash to purchase more inventory or open another location You no longer have risk of non-payment from credit customers Placing loans with a funding source at point-of-sale allows you to offer better credit terms to customers, INCREASING YOUR SALES!
You can open up the sale of your aircraft to 5 times the number of potential buyers by offering owner financing
Direct Access Funding has the connections and the experience to show you how to sell your individual note or your company’s aircraft note portfolios