helicopter financing and insurance

Making Helicopter Ownership Simple & Secure

Financing and insuring a helicopter is an essential part of aircraft ownership. Understanding the requirements and working with experienced aviation lenders and insurers will help ensure a smooth purchasing process. 

Financing a helicopter is similar to financing property, but the loan terms are typically shorter, ranging from five to ten years. 

Key Considerations for Helicopter Loans:

✔ Work with an aviation-experienced bank – Many small banks may not understand the aviation market. Specialized aircraft lending institutions can provide the best financing solutions.
✔ Standard down payment requirement: 10% - 20% – Each financial institution has its own policies.
✔ Financial documentation required – Most lenders require tax returns and current financial statements.
✔ Helicopter insurance is required – The aircraft must be insured for at least 100% - 111% of the loan value.

📌 Tip: Consider insuring your helicopter for its replacement value, covering the equity portion of your investment.

Recommended Helicopter Lending Institutions: 

🏦 Bank of America
📞 1-800-62-PLANE or (800) 627-5263

🏦 Cessna Textron Financial
📞 (866) CFC-LOAN or (866) 232-5626

📌 Need additional options? Contact us for financial institutions where we have long-term relationships.

 🔹 Securing helicopter insurance is just as important as financing. Some buyers may qualify for financing but face challenges obtaining insurance, which can prevent a successful purchase.

What You Need to Know About Aviation Insurance: 

 ✔ Aviation insurance differs from traditional insurance – Quotes must be obtained directly from Underwriters through a broker or agent.
✔ Choosing the right insurance broker is crucial – A professional broker with strong underwriter relationships will advocate for your insurability and safety.
✔ Coverage must meet financing requirements – Most lenders require helicopters to be insured for at least the loan amount or more.

Trusted Aviation Insurance Providers

Interstate Helicopters, Inc. has established relationships with trusted aviation insurance providers for over 35 years.

📌 Need help finding the best insurance for your helicopter? Contact us for recommendations on reliable aviation insurance companies.

Contact Us for Financing & Insurance Assistance

📍 Location: 5809 Philip J. Rhoads Avenue, Hangar 4, Bethany, OK 73008
📧 Email: admin@interstatehelicopters.com
📞 Call: 405-440-1053

🚁 Interstate Helicopters, Inc. is here to help you finance, insure, and own your helicopter with confidence!