The world of aviation financing, like home financing, has changed over the last few months. With the impending ADS-B mandates and the creation of the NextGen Fund, there are now more options for aircraft owners looking to finance their avionics/panel upgrades.
In order to better serve our avionics customers, Avidyne has developed working relationships with a number of financing organizations offering a gateway to numerous lenders who finance aircraft and avionics upgrades. These organizations have been selected for their knowledge and experience in aircraft financing, superior customer service, and proven business integrity.
If you are interested in financing for your avionics upgrade and seeking to explore your options, please complete this form and an Avidyne sales representative will follow up with to discuss the specifics of your needs and offer you a financing referral. We are here to help in any way that we can, just tell us what you need.
When considering your financing options, don’t forget to consider other choices that may be available to you, such as:
Home Loans – Many pilots have significant equity in their primary residences that can be used to finance avionics projects. This could either be a 1st mortgage refinancing, or the addition of a home equity loan. Depending on your situation, this may be a very advantageous way to finance your aircraft needs.
401(K) Loans – With money market funds offering slim returns these days, investing your 401(K) funds in yourself might be an idea to consider. Most 401(K) plans allow employees’ to take loans against the value of their accounts, without tax consequences, and pay themselves back, with interest.
Of course, you should always check with your financial or tax advisor about what option is best for your particular situation.
If you are looking for additional options for Financing your avionics and/or aircraft purchase, feel free to contact Sales at 800-AVIDYNE or by email at: email@example.com.