Frequently Asked Questions

How much will my lease payment be?

The total cost of the equipment you are going to lease and the length of the lease (12-60 months) will affect how much your monthly lease payments will be. For an exact quote, contact josh@aerospringleasing.com

How long are your leases?

The shortest term is 12 months for airplanes and 24 to 84 months for flight simulators. The more expensive, large and unique the simulator the longer the lease term will be.

How much money do I have to put down?

Most of our leases finance 100% of the equipment cost.

Can the lease be in my name?

Yes, if your name is followed by a DBA and your DBA is registered with the local municipal, state and Federal authorities. We only lease to businesses.

Are there tax benefits associated with leasing?

In many cases, lease payments are deductible as a business expense. Your tax advisor or accountant can determine if you qualify.

Do I have to provide insurance for the equipment I lease?

Yes, insurance is a requirement on all leased equipment. You should arrange for insurance in the same way that you would if you owned the equipment.

What time in business ("TIB") do I need to qualify for a conventional lease?

The industry standard is 2 years with 4 years or more preferred, but that can increase or decrease depending on the amount requested (smaller request = less TIB) and equipment collateral value (higher value = less TIB).

Still have questions? Contact Josh@aerospringleasing.com