September 2016 Issue
Need An Avionics Loan? Ask Nexa Capital
But donít expect a rock-bottom interest rate. Youíll need an exceptional credit rating but you wonít have to mortgage the aircraft.
Need a cool 25 grand to pull the trigger on a retrofit? The claim: simply fill out an online application, get quick approval and the shop automatically gets paid and started on your dream panel. But is it really that easy? How does an avionics loan differ from traditional aircraft financing? And what ever happened to those government-backed private equity loans that were supposed to help fund a big majority of ADS-B upgrades? To answer those questions, we did some digging. Hereís what we learned.
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