Why 1st Source Bank?
We are Fixed Wing and Rotor Wing Experts
Aircraft purchasing can be a complex endeavor, but our team of experts are here to help.
- Expertise. You will work closely with an expert team providing straight talk and sound advice on corporate and personal aircraft financing. You benefit from our expert’s knowledge by enjoying a simplified and efficient experience. Some of our offerings include dealer floor-planning, customized operator solutions, and domestic and international retail aircraft financing.
- Teamwork. Sometimes it takes a village, and we can help. Take advantage of our expertise with introductions to those who can help in aviation tax, law, insurance, and other specialized fields you may require. Our in-house credit and closing teams are known in the industry to be among the very best at what they do.
- Integrity. Our bank has been ranked by Forbes two years back-to-back as ‘Best in State Bank’ and Keefe, Bruyette & Woods, Inc. (KBW) recently announced the yearly Bank Honor Roll, and 1st Source was named among this year’s 14 honorees and has made the list for the fifth consecutive year, placing its long-term performance among the top 4% of eligible banks in the country.
Find Your Way
We’re proud to offer flexible financing structures for a wide range of prestigious aircraft brands, including but not limited to:
- TBM – Daher manufactures two families of single-engine turboprop airplanes: the Kodiak utility aircraft and the very fast pressurized TBM 960 & TBM 910.
- Cirrus – Manufactures 2 single engine piston aircraft and the Vision Jet.
- Pilatus – Manufactured in Switzerland, Pilatus makes the venerable PC-12 and PC-24.
- Textron – For those looking for a versatile and economical aircraft, Textron offers a range of options to suit your needs.
- Embraer – Explore Embraer’s cutting-edge private jets that combine style and efficiency.
- Bombardier – Elevate your flying experience with Bombardier’s innovative and reliable aircraft.
- Dassault Falcon – Unparalleled comfort and sophistication await you with Dassault Falcon’s top-of-the-line business jets.
- Gulfstream – Experience luxury and performance like never before with Gulfstream’s exceptional range of business jets.
- Airbus – Airbus strives to provide the most efficient helicopter solutions to its customers who serve, protect, save lives and safely carry passengers in demanding environments.
- Honda – Founded in 2006, Honda Aircraft Company is the latest venture in Honda’s drive to enhance the freedom of mobility.
Enjoy Life More
Private jet ownership offers more than just convenience; it’s an investment in your time, productivity, and lifestyle. Here’s why individuals and businesses choose private aviation:
Time-Saving Efficiency: Say goodbye to lengthy check-ins and layovers. With your private jet, you set the schedule and reach your destination faster.
Productivity: Maximize your time in the air by turning your jet into a flying boardroom. Conduct meetings, plan strategies, and stay connected with your team.
Privacy and Comfort: Enjoy the privacy and comfort of your own aircraft, customized to your preferences.
Global Reach: Private jets provide access to remote locations and airports, increasing your reach for business and leisure.
For Private, and Corporate Owners and Operators
- Competitive Interest Rates: We offer favorable interest rates that suit the needs of private aircraft owners.
- Flexible Terms: Choose from a wide range of flexible repayment terms that align with your financial goals and budget.
- Personalized Solutions: Our team of aviation financing experts will work closely with you to tailor a financing plan that meets your unique requirements.
- Quick Approval: We understand that time is of the essence when it comes to owning an aircraft. Our streamlined approval process enables the quick closings we’re known for.
For Commercial Operators
- Specialized Terms: We offer financing terms specifically crafted to accommodate the demands of commercial aviation operations.
- Competitive Rates: Benefit from competitive interest rates that support the growth of your aviation business.
- Fleet Expansion: Our commercial financing can help you acquire multiple aircraft to expand your fleet and meet increasing demand.
- Expert Guidance: Our experienced team understands the intricacies of Part 135 and Part 91 operations, ensuring your financing aligns perfectly with your business goals.
Our typical aircraft finance amounts range from $500,000 to well beyond $15,000,000 but we evaluate all deals individually small and large. We’ve financed over $2 Billion dollars of aircraft in the past 4 years.
We work with you to understand your finances and your specific aircraft before coming up with an agreed upon interest rate.
We match the amortization to your utilization.
Among the most common countries we finance aircraft are Canada, Brazil, Mexico and USA
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