To get started or for more information on Aircraft Financing, please contact Scott Gault at (813) 872-1397 or sgault@bankoftampa.com.
Aircraft financing made simple.
Our aircraft financing solutions are designed to meet the unique needs of aircraft owners—from high net-worth individuals to corporate entities.
- Specializing in personal and corporate aircraft financing for both fixed-winged and rotary aircraft
- Buy a new or used aircraft
- Customizable finance structures
- Refinancing an existing aircraft
- Expert guidance
- Our team of aviation experts understand the intricacies of aviation financing
- Our experts walk you through the process end-to-end
- Can help facilitate like-kind exchanges
- We coordinate FAA aircraft registrations
- Competitive terms and rates
* Subject to credit approval. The Bank of Tampa also recommends that clients consult with their independent legal, tax and insurance advisors.
Frequently Asked Questions
What documents and information do I need when I apply?
- You will need to provide:
- Full specifications of aircraft
- Hours on engine and airframe
- Avionics package
- Requested loan amount
- Two (2) years of most recent signed federal tax returns with K-1s, if applicable
- Two (2) years of corporate financials, if applicable, with most recent interim statement
- Updated personal financial statement
- Details on where the aircraft will be hangered
- Details on how the aircraft will be managed
- Full specifications of aircraft
How long is the application process?
Once we have a complete package, credit decisions can typically be made within 5 business days.
What types of aircraft can I finance?
We offer aviation financing for a wide variety of both fixed-winged and rotary aircraft including single and twin-engine piston, turboprop planes and jets. If you are unsure if your aircraft qualifies, contact us and we will be happy to discuss options.
Are there limits to the types of upgrades or improvements I can finance?
We offer loan programs for avionic upgrades and engine overhauls if they are completed at the time of purchase. If you are interested in discussing upgrades and improvements, please contact us.
What is The Bank of Tampa’s insurance requirements for aircraft loans?
The Bank of Tampa requires full/in-motion insurance coverage, bound and effective as of the loan funding date, with a lien holder endorsement. The amount of your coverage will depend on your loan amount. The full loan amount will need to be covered after the breach of warranty. If you have any questions regarding insurance requirements, please contact us.
How do I get started?
To get started, please contact Scott Gault at (813) 872-1397 or sgault@bankoftampa.com.