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Gathering Your Financial Documents

Gathering Your Financial Documents

NAFA member Adam Meredith, President of AOPA Aviation Finance Company, shares how procrastinating on gathering your financial documents can slow or undermine your plan to buy an airplane. 

Our experience securing financing for our clients reveals far too frequently that they wait until they’re much further along in the process than they should be before getting their financial paperwork in order.

So when clients have a make and model in mind and want to know their financing options, we tell them to get their financial documents together ASAP. Without a thorough understanding of a client's financial picture, AOPA Finance is limited in the number of options it can offer. Depending on that picture, and the more transparent the financials, the better the buying experience all around.

Read full article here.

This article was originally published by AOPA Aviation Finance Company on April 27, 2021.