Rates vary depending on the financial strength of the customer, the amount financed, the type of aircraft and the use of the aircraft. For further details, contact your regional Cessna Finance Corporation representative at 1.866.CFC.LOAN or 1.866.232.5626 (toll free) or 316.660.1200.

Cessna Finance Corporation can provide financing for as long as 20 years. Terms are individually structured based on customer's needs and use of the airplane. Leases are typically structured for 5, 7, or 10 years.

Once the loan application and all the financial information are submitted, loan approvals can be made in as little as 24 hours. Closings can take place as soon as all the loan and FAA paperwork is completed and the contract is signed.

Individuals need to complete a credit application, provide credit references, a personal financial statement, and tax returns. Corporations need to provide credit references, financial statements, tax returns, and personal financial statements on any guarantors.

A file stamped copy of the Articles of Organization, with any and all amendments; and a signed copy of the Operating Agreement with any and all amendments.

Generally, there is a modest closing fee that varies from transaction to transaction and in some cases; the closing fee can be financed.

As a general rule, there is not a prepayment premium associated with variable rate loans. From time to time you may see a prepayment premium on fixed rate loans.

On occasion, we do have aircraft for sale. Please visit our Aircraft for Sale link or call the CFC Asset Management Department at 1.866.CFC.LOAN, 1.866.232.5626 (toll free) or 316.660.1200.

Most CFC loans are per diem loans, meaning interest is accrued daily. Payments are first applied to any outstanding interest and the remainder is applied to the principal balance. The split between principal and interest will vary depending upon interest rate changes (on variable rate loans) and how many days have passed since your most recent payment. If you pay on or about the same day each month the amortization should remain fairly constant unless there is a rate change (variable rate loans). Please keep in mind that we do not post cash on weekends or holidays.

The per diem is calculated using the following formula:
Per Diem = (Principal Balance X Interest Rate) / 365

You can call Customer Service at 1.866.232.5626 or 316.660.1200.

Yes. Complete the attached form and send it, along with a voided check to:

Cessna Finance Corporation
Attn: Customer Service
100 N. Broadway
Suite 600
Wichita, KS 67202

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