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Piper Financial Services is pleased to offer three programs for Piper
aircraft purchases.
- Adjustable
- Up to 20-year amortization with a 6-year term (balloon), initial rate is
locked for the first three years followed by a 1-time rate adjustment beginning
in year 4 for the remaining term. This program offers the lowest interest rate,
and is ideal for buyers who will be be "stepping up" within the first 2-5
years.
- Balloon
- Up to 20-year amortization with a 7-year term. Ideal for buyers who will
probably payoff loan within 5 to 7 years, or plan to upgrade within that period
of time.
- Fixed
- Typically, up to 20-year amortization with a 20-year term, but 25 year terms
are available. Rates in this program are locked for the full period (i.e. 20/25
years). This program is ideal for the buyer who is "buying their last
airplane", or who wants the comfort of a 20-year locked rate program and does
not want to gamble with the rates or maybe buying their last airplane.
Underwriting time is approximately 1-2 business days after receipt of a
complete application package.
Not sure which program is for you? Call us
and we would be happy to walk through the benefits of the various
programs.
Please call 866.427.4737
for the current rates for the above programs, as they change
regularly.
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