Thousands Eligible For Reduced Rate
Aircraft Finance

  • Aircraft Financing, Plane & helicopter loans from $10,000 to $1mil+
  • Specialist finance for active ABNs – Available to all industries
  • Qualify for more than initially thought or at a better rate
  • No deposit, 100% tax deductible options
  • Lowest rates for new or used planes & helicopters

Get Pre-Approved in Less Than 60 Seconds

Check if I qualify

Finance to support business owners

No Hassle Aviation Finance for Australians

handshake-white
Credit Score Protection: Genuine approvals without impacting
your credit score.
credit-white
Highest Approval Rates: Assistance for those with minor credit impairments – Less than perfect credit is okay
options-white
No Buying Restriction: No purchase restrictions on industry, location, equipment or vehicle age
business-case-white
No Financials Needed: Experts in low doc, no doc finance – Specialist finance for ABN holders

How it works

1 Get a FREE quote

Fill in our quick 60 second form for pre-approval

2 Get the BEST finance

Based on your information we will compare finance across our panel of lenders and provide you with the best loan options available.

3 Get FUNDING

Pick and finalise finance.

Minimum Aircraft Finance Requirements

Are over 18

Have a current and valid drivers licence

Are an Australian resident or citizen

Have a valid ABN or ACN (new or existing)

Flexible Finance For All Types of Vehicles & Equipment

Trucks

Utes

Cars

Vans

Trailers

Construction

Agriculture

Earthmoving

Equipment

Other

Trucks

Utes

Cars

Vans

Trailers

Construction

Agriculture

Earthmoving

Equipment

Other

Aircraft Finance Advantages
That Many Don’t Know

If you are self-employed, a business owner or just pilot looking for a new or used plane or helicopter, you can access exclusive aircraft finance rates for ABN holders only. Compare aircraft loans across 70+ lenders and take advantage of extended tax benefits and more! Get specialised assistance covering all loan types from no deposit options to different low doc solutions for new or existing ABNs.

Purchase any type of aircraft: planes, jets, helicopters or any other craft

Quickly calculate and find your best aircraft or helicopter loan options with no impact to your credit score!

  • 1 day business continuance ABN
  • Larger balloons & more flexible terms
  • Lowest rates through direct lender negotiations
  • ABN loan options with no credit check
  • Easy low doc replacement policies
  • Low doc to $100k for new ABNs
  • Low doc to $250k for ABNs + home owner

Finance Designed For Aviation

At Comparison Australia we make finance for aircrafts simple. No hassle for all businesses regardless of size, time in business, industry, or location.

Access the best aircraft loans & get the lowest rates across 70+ lenders & banks.

Lenders Supporting Business!

  • GST & tax breaks for ABN holders
  • No deposit or paperwork options
  • Approvals & funding in as little as 24hrs
  • Secure or unsecure loans
  • Purchase new/used aircraft or equipment

Applying For Aircraft Finance

People also asked

How do I finance a plane or helicopter with my ABN?

You can finance a new/used aircraft through your ABN (business) with most lenders. The main criteria is to be able to prove to lenders and the ATO that it will be used for business purposes and qualify for the loan.

With regards to lenders, borrowers can access both full doc or low doc aircraft finance options and in some cases half doc.

Full doc finance is a traditional loan and may require a large amount of paperwork; including tax returns, bank statements, business activity statements and up to date accounts. Rates for full doc loans are often lower than low doc finance.

Low doc finance is popular as it requires less paperwork along with a bit more flexibility in approvals. General lender requirements for low doc finance may include; recent BAS or from previous year, summary of business accounts, possibly a deposit or be asset backed.

Half doc finance is obviously in the middle of the other options, typically requiring documents like a BAS + 6 months bank statements.

In all cases the better your credit the better your rate and chances of approval.

A quick chat with the Comparison Australia team can quickly highlight options across our panel of general lenders and specialist lenders in the aviation sector.

Are there any purchase restrictions on aircraft loans?

Each lender will have its own criteria based on the age of the plane or helicopter, LVR amount and credit assessment. In most circumstance the newer the vehicle or equipment the better for approvals. There are however certain lenders that specialise in funding older or unique vehicles and aircraft.

Comparison Australia’s partners have access to 70+ lenders and banks making it easier for borrowers to find a lender that will fund most things.

What are the main reasons businesses get declined for a aviation loan?

The main reasons a business owner may get knocked back from finance include:

– ABN age and activity. Those with a short trading history may not be able to demonstrate steady income. (However there are instance where 1 day ABN’s or business continuance can be approved due to prior history)

– Not being GST registered will reduce options, often reducing the amount a lender will provide.

– Poor credit or banking conduct. Low running balances, late fees or dishonours will often lead to a decline in funding.

– Negative or low cash flow will impact serviceability resulting in declines. The business must show the capacity to repay the loan on top of general business running costs.

– Business in liquidation or being de-registered by the government will not be able to borrow.

The above are some of the more common reasons a business will not qualify for finance. By speaking with a Comparison Australia partner, they will be able to quickly outline potential options if your dealing with any or multiple points above. Whilst borrowing options will be reduced or tricky, there still may be specialist lenders willing to provide funds.

How can I improve my chances of qualifying for a plane loan?

Below are some of the best ways to improve your chances of approval.

– Register for GST as this tells lenders straightaway that your business turns over at least $75,000 a year.

– Have a deposit, the bigger the better. This helps reduce risk to the bank as the asset has some of your money against it.

– Strong banking figures showing good and steady cash flow/turnover.

– Incoming producing craft or equipment help demonstrate that it’s earning it’s keep.

– Having a good credit history goes without saying, will always help with approvals and better finance options.

Is a plane cheaper with an ABN?

The overall costs of owning a plane through your business can be cheaper as there are GST & other tax breaks available.

How long does a business need to be trading to get a aircraft finance?

Most lenders prefer your ABN be active for at least two years. However, there are certain lenders that will accept 1 year ABN’s or less based on different circumstances such as ‘business continuance’ or strong cash flow.

A quick chat with Comparison Australia partners can provide current options across different lenders and their ABN length requirements.

What type of insurance do I need if purchasing a plane through my ABN?

The type of insurance or insurances you’ll need will depend on craft and how its used.

Here are some insurances to consider: hull & liability insurance, hanger insurance, pilot insurance, etc

A finance specialist will be able to outline the minimum insurances required by the lender funding the aircraft.

What are aircraft loan requirements?

The below are general requirements a lender may request.

You’ll first have to confirm that:
– You are a active ABN holder
– That the craft will mostly be used for business purposes (i.e. more than 50% of the time)

Proof of Identity (one or multiple of the following)
– Drivers licence
– Passport or Proof of age card
– Valid Medicare card
– Valid credit card or debit card
– Can also use a valid Veteran card
– Possibly other forms of ID

Documents can include any of the following:

– Proof of residence via a rates notice
– Financial statements (ideally from an accountant)
– Bank statements (generally 2 months, possibly more)
– Recent Business Activity Statement (BAS)
– ATO Tax Agent portal report (generally for a trading period)
– Accountants letter confirming business activity
– Depending on trading structure: Income tax return and/or Personal tax return (1 financial year)

Other documents may be requested based on individual business circumstances. For those that may have a difficult time producing these documents, a low or half doc loan may be preferred.

Speak to a Comparison Australia partner to quickly learn about aircraft finance options and what documents will be needed.

How fast can I get an aircraft loan?

Depending on lender and what your after, there are very quick turnaround times for aircraft loans. In certain circumstances borrowers can receive unsecure funds in the same day or within 24 hours. Borrowers after a secure loan can get funding as quick as 24 to 48 hours.

Quick funding is dependant on having all documents required by the lender ready to go for immediate assessment and approval.

Ready to get Pre-Approved?

Get a decision in minutes with no risk to your credit score

Get Started