CurrencyAir Helps Customer Secure Funds For 44-Year-Old Cessna Twin Piston

Unlike many lenders that restrict financing to newer aircraft, CurrencyAir considers funding aircraft and helicopters manufactured in 1950 or later.

 

 

That includes legacy aircraft such as a 1982 Cessna T303 piston twin that a customer recently financed through CurrencyAir.

 

Working with its network of trusted lenders, CurrencyAir assisted the buyer in securing a $340,000 loan with a 6.5% APR to acquire the six-seat Cessna. The 303 boasted a custom leather interior, a custom exterior paint scheme, and an upgraded Garmin G600 avionics suite. At the time of sale, the aircraft had 2,090 total hours, with 280 hours since both engines were overhauled and 280 hours since both props were new.

 

With CurrencyAir’s assistance, the customer successfully acquired an aircraft described by the seller as being in great cosmetic condition, always hangared, with no known damage history and just two previous owners.

 

Key Info

Asset Financed: 1982 Cessna T303

Amount Financed: $340,000

APR: 6.5%

 

Turn To CurrencyAir For Piston Aircraft Financing

Not every aircraft buyer requires the same level of funding. That’s why CurrencyAir offers minimum loan amounts starting at $25,000, making financing accessible for a wide range of piston aircraft purchases. Whether you’re seeking financing for a piston single, twin piston, jet, or turboprop aircraft, or a piston or turbine helicopter, CurrencyAir works to secure the most competitive rates and terms possible. Depending on the situation, loan terms of up to 20 years may be available.

 

Need Help Financing?

No matter the type of aircraft you’re looking to finance, CurrencyAir streamlines the process with a fast, secure, and free online application. CurrencyAir matches each customer with a dedicated financial specialist who provides guidance from application through closing, and coordinates with the seller, lender, insurer, and FAA to ensure a smooth closing.