Some major avionics manufacturers, including Aspen Avionics and L-3, are advertising avionics loan options through an outside lending partner that specializes in funding large avionics improvements. Some have created discounted packages, based on loan products.
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?