AOPA Aircraft Finance Application

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Tips for completing our application:
  • If you are financing the aircraft as a partnership, each borrower must fill out this form. Please contact your Account Executive if you need us to email your partner the application
  • To avoid any delays, PLEASE COMPLETE ALL FIELDS ACCURATELY.
  • Fields indicated with a red asterisk (*) are required fields and must be completed before submitting. 
  • DO NOT use dollar symbols, "$", in any of the currency fields.
  • You can save your progress and continue the application at a later time by clicking the "Save my progress and resume later" check box at the top of each page.
  • E-Signature Instructions: After clicking the "Submit" button below, you will be asked to electronically sign your application. You will also receive an email asking you to verify your electronic signature. This email will be sent to the email address you provide in your electronic signature. If you have a Joint Applicant, applying with you, please make sure both signatures AND initials are included in the signature space provided
  • Be sure to have your supporting documents ready to upload. Once you submit the application, you will receive an email with access to our secured portal where you will upload the following documents: Valid Photo ID (required), last 2 years federal tax returns including all K1s (required), last 2 year's W2s, most recent pay stub, current bank, investment and/or retirement statements and company financials, if applicable.
THIS Aviation Finance Application has been prepared by AOPA Aviation Finance Company, LLC ("AAF") in order for the applicant(s) to apply for a loan from one or more lenders ("Lenders") for whom AAF serves as a broker. By completing this application and providing it to AAF, the applicant(s) agree that AAF may share it (and related information, including credit reports on the applicant(s)) with those Lenders. Based on the information AAF receives about the applicant(s), AAF will typically present the application to one of the Lenders and, if not approved, AAF may (but is not obligated) to present it to one or more of the other Lenders.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT - To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information about applicants. What this means for you: Prior to obtaining a loan, the Lender or AAF may ask for one or more forms of identification to fulfill this requirement. In some instances, Lender and AAF may use outside sources to confirm that information. The information you provide will be protected in accordance with federal law.




Joint applicants do not need to submit separate applications
Applicant Information
IMPORTANT: Please check the spelling of your FIRST and LAST name. If they are incorrect, please contact your Account Executive BEFORE completing the application.







MM/DD/YYYY

Number of people you currently claim on your Federal taxes



Your primary residence is typically the address from which you will file your tax returns. If this does not match your tax return and uploaded photo ID, please be aware that lenders may have additional questions.






$

Enter in whole years






Applicant Employment Information



$











Additional Income and/or Obligations


$

Alimony, child support or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.

Hold the Ctrl key to select more than one option

$



Name and Address

$


Name and Address

$

Tax liens, loans in collection, etc.


$


Joint Applicant Information







MM/DD/YYYY




If primary address differs, please contact AOPA Aviation Finance before submitting the application.







$







Joint Applicant Employment Information



$











Joint Applicant Additional Income and/or Obligations


$

Alimony, child support or separate maintenance income need not be revealed if you do not wish to have it considered as a basis for repaying this obligation.

To select more than one option, hold the down the Ctrl key while making your selections.

$



Name and Address

$


Name and Address

$


Name and Address

$


Aircraft and Pilot Details


This Aircraft will be Registered to the following Corporation/LLC 

If not yet established, enter "TBD" in name field






C-corp, S-corp, etc.


MM/DD/YYYY










Airframe Details

For pre-approvals please enter a sample aircraft





Total Time Airframe




Engine Details


If Turbine selected above, provide name of engine program




Since Major Overhaul

Since Major Overhaul

Time Between Overhaul
Avionics and Maintenance

Please list all installed equipment or copy/paste URL to the online listing.

MM/DD/YYYY





Proposed upgrades?
Purchase Details

$
Enter max expected for pre-approvals

$
Lenders typically require 15-20% down payment

$

$
Please enter the desired loan amount






Airport Identifier and/or City/State
Refinance Details

$

$
Lenders typically require 15-20% down payment

$

$
Please enter the desired loan amount




Airport Identifier and/or City/State
Pilot Details


Select all that apply. Hold down the Ctrl key as you click to select more than one option.


Select all that apply. Hold down the Ctrl key as you click to select more than one option.






Select all that apply. Hold down the Ctrl key as you click to select more than one option.


Select all that apply. Hold down the Ctrl key as you click to select more than one option.



Personal Financial Statement

The following is submitted for the purpose of procuring, establishing and maintaining credit with a Lender on behalf of the undersigned persons, firms or corporations in whose behalf the undersigned may either severally or jointly with others execute a guaranty in your favor. The undersigned warrants that this financial statement is true and correct and that you may consider this statement as continuing to be true and correct until a written notice of a change is given to you by the undersigned.

PLEASE DO NOT USE "$" SIGNS  OR TEXT IN THE CURRENCY FIELDS BELOW. ANYTHING OTHER THAN NUMBERS AND COMMAS WILL CAUSE AN ERROR IN THE NET WORTH CALCULATION FIELD BELOW.

Cash In Banks Detail


$

Marketable Securities Detail 





$

Non-Marketable Securities Detail



%

$




Retirement Accounts Detail



$

Residential Real Estate Owned Detail






$

$

$

$

Non-Residential Real Estate Detail






$

$

$

$

%

Automobiles Detail


$

$

$

Whole/Permanent Life Insurance Detail




$

$

$
Total value of any loans against this policy.

Notes Payable to Financial Institution Detail






$
The highest balance ever on this account.

$

$

Notes Payable - Other than to Financial Institutions Detail





$

$
Other Debts and Assets

$
If none enter "0"

$


$
If none, enter "0"

Total Net Worth Calculation - The fields below are auto-calculated based on entries in the fields above. 

$

$

$

Disclosures and Signature(s)

Consent to Obtain and Use Consumer Credit Reports: The undersigned individual(s) recognize that personal credit history may be a factor in the evaluation of the credit history or credit worthiness of the applicant(s) or in the evaluation of his or her personal guarantee of the obligations of the credit applicant(s) (if applicable). Further, a condition of credit approval may include their guarantee, and the undersigned hereby instruct and authorize AAF and the Lenders to obtain and use consumer credit reports pertaining to each individual's credit history and/or credit worthiness from any credit reporting agency from which AAF or Lenders receive such reports and for AAF to share such consumer credit reports with the Lenders, in connection with the application for the extension of credit by such Lenders.

The undersigned further agree(s) that AAF's and Lenders' permission to obtain consumer credit reports on the undersigned shall be ongoing and shall relate not only to the evaluation and/or extension of the credit requested, but also for purposes of reviewing any modifications to a loan extended pursuant to this application, taking collection action on any such loan, and for any legitimate business purpose associated with the loan as may be needed from time to time. In the event a loan is made, the undersigned authorizes AAF and/or Lenders to report, from time to time, on the undersigned's performance under the loan to credit bureaus and others who may properly receive such information. Upon your request, AAF or the Lenders, as applicable, will tell you whether or not a credit report was requested and the name and address of any consumer reporting agency that furnished the report.

Release of Credit Information: Authorization is hereby granted to all credit reporting agencies, banks, and all other companies to release credit and financial information to AAF and any applicable Lender from time to time, which AAF or such Lender deems necessary to establish and maintain credit. I/We further authorize any company or individual from whom I/We may have obtained or requested credit to furnish AAF and Lenders with the details of that transaction. I/We agree to provide current financial information upon request, in a form acceptable to AAF and the applicable Lender(s).

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex marital status, age (provided that the applicant has the capacity to enter into a binding contract); because all or part of the applicant's income derives from any public assistance program; or the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

Request for Credit: Applicant(s) certifies that all information contained in this application or in any other document submitted for the purpose of obtaining credit is true, complete and correct and accurately reflects Applicant(s)' current financial condition. In order to provide the Applicant with AOPA Aviation Finance Company, LLC products and services, applicant(s) authorize AOPA Aviation Finance Company, LLC, its affiliates, or its authorized agents and Lenders to verify any and all information to make any inquires of others, including but not limited to, procuring reports from consumer reporting agencies, credit bureaus, and the Internal Revenue Service, and to provide information arising out of Applicant(s) transaction or experience with it or others. Any reference, employer or creditor named herein is expressly authorized to furnish AOPA Aviation Finance Company, LLC and Lenders with information in connection with this application. This application shall remain the property of AOPA Aviation Finance Company, LLC and Lenders , which may require Applicant(s) to provide updated financial information from time to time.

AOPA Membership: Once your application package is ready to be submitted to a lender, your AOPA membership will be verified. If you do not have a membership, AOPA Aviation Finance will register you for a free annual digital AOPA membership. The membership will be automatically set up and you can cancel at any time. Once expired you can renew your membership for a fee by calling 800.872.2672


Additional Notices to Applications in CA, OH, and WI
Notice to California Residents: The applicant, if married, may apply for a separate account.

Notice to Ohio Residents: The Ohio laws against discrimination require that all creditors make credit equally available to all creditworthy customers, and that credit reporting agencies maintain separate credit histories on each individual upon request. The Ohio Civil Rights Commission administers compliance with this law.

Notice to Wisconsin Residents: No marital property agreement, unilateral statement or court decree adversely affects our rights, unless you give us a copy of such agreement, statement or court order before we grant you credit, or we have actual knowledge of its terms before your account is open. You must promptly provide your spouse's name and address to us by calling 1-800-627-5263.


E-Signature Instructions: 
After clicking the "Submit" button below, you will be asked to electronically sign your application. You will also receive an email asking you to verify your electronic signature. This email will be sent to the email address you provide in your electronic signature.

If you have a Joint Applicant, applying with you, please make sure both signatures AND initials are included in the signature space provided.