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PILOT

FINANCE

Readily available finance to meet all your pilot training needs.

Congratulations on choosing such an excellent career and we are pleased to support you throughout your journey.  We are fully aware that your chosen path is comparable in cost to that of a large deposit on a house.

To that end, we have an exciting opportunity to partner with Optimum Credit. Who will provide their many years of experience in tailoring bespoke deals across the financial market place.  They bring their excellent track record in securing all types of financial vehicles to allow you to fully concentrate on your career ahead.

Once you have decided that a career as a professional pilot is your destiny the biggest initial challenge is financing your training. The final total cost should not be underestimated and a significant contingency budget should be allocated, as inevitably the training is going to cost more and take longer than originally anticipated. Average training costs are currently between £60-90,000 and maybe more once a type rating, ancillaries, and extras are added.

Financing options will vary according to the type of course selected. Unless you are fortunate enough to have access to significant funds you will need to obtain some form of financing. In the current economic climate funding options are quite limited and generally, security and/or guarantees are required. That is why we have a solution for you:

Optimum Credit is the UK’s market-leading provider of second charge mortgages and is working with Aviation Insider to provide funding solutions to support your pilot training at any flight school within the UK.

  • Loans are offered up to £250,000 to cover both tuition and living costs, subject to status
  • Loans are offered to United Kingdom and European Union nationals with rights to reside in the United Kingdom, and secured against a residential United Kingdom property that already has a mortgage.
  • Loans are repayable over a period of 3 to 25 years
  • Representative 4.9% APR (variable)

Students with an offer from a flight school can submit an application online up to six months prior to the course start, and if accepted, opt for the loan to be issued before your studies commence. Typically, funds are normally available in 15–20 days from the point of application.

Your flight school will be required to verify your acceptance to the course before any funding is released; this will be completed after you have executed and fulfilled the prerequisite requirements set out in your flight schools training agreement.

To find out more about applying, fill in the form below and one of the team at Optimum credit will be in contact with you. You can also find out more information about Optimum Credit Ltd on their website.

Think carefully before securing other debts against your property.
Your property may be repossessed if you do not keep up repayments on your mortgage.

Contact Optimum Credit