Aircraft Financing
At Piedmont Advantage, aviation isn’t just part of our history. It’s in our DNA.
Financing that Soars with You
As a private pilot and current or aspiring aircraft owner, you’ve come to the right financial institution for your aircraft financing. Born from the needs of Piedmont Aviation and Piedmont Airlines employees, we’ve been helping members take flight ever since. So, when it comes to aircraft financing, you can trust us to understand the thrill of flying and the importance of grounded, responsible lending.
Financing that Covers What You Fly
From Light Sport aircraft to Piston Single- and Twin-Engine planes, we’re here to help you explore the skies.
- Financing up to $500,000.
- Competitive fixed rates.
- A range of repayment terms that support your budget.
What We Don’t Finance and Why
We believe in clear skies and expectations. While we’re proud to support a range of aircraft purchases, there are a few don’t finance:
- Experimental or home-built aircraft
- Helicopters
- Aircraft with a history of damage
- Any aircraft used for flight instruction or training
Why? Because they carry higher risks with inconsistent safety certifications to challenges with valuation, resale and insurance. Our goal is to protect your investment and ensure every aircraft we finance meets reliable standards for safety, longevity and value.
Rate Discount with Automatic Loan Payment and the Loyalty Rewards Program
We love sharing the many opportunities we have to help you save money. Here are two when you finance your next new or used auto with us.
- Set up automatic loan payments and enjoy a 0.25% APR* discount, plus the relief that comes with knowing you may never miss a due date.
- If you’ve been a member for five years or more and meet our Loyalty Rewards Program criteria, you’ll automatically receive a 0.25% APR* discount at loan closing.
- When you stack these discounts, that’s 0.50% APR* off your next aircraft loan. Simple. Smart. Seriously worth it.
From Humble Beginnings, a Financial Institution Took Flight.
For over 75 years, Piedmont Advantage Credit Union has strived to be more than a place for members to bank and transact. Instead, we strive to be more about people and relationships. It’s a sense of belonging.
Disclosures
*APR = Annual Percentage Rate. APR offered can vary based on loan product type, creditworthiness, age and condition of collateral, term of the loan, and participation in automatic payments. All loans are subject to credit approval. Loyalty Reward rate discount, rates, terms and conditions are subject to change without notice. This program may be modified or discontinued at any time at our discretion.
Effective May 1, 2025, Loyalty Reward rate discount of 0.25% APR off of published PACU loan rates for eligible loans is available for PACU members who: 1) have been members for five or more years, 2) have a More Checking or Simple+ Checking account, 3) are enrolled in eStatements, and 4) have had recurring direct deposits totaling at least $250 into their PACU checking or savings account in the previous calendar month. For loans with co-applicants, the primary borrower on the loan application must meet all eligibility requirements for Loyalty Reward discount to apply.
The only loan types eligible for the Loyalty Reward rate discount are auto, general purpose vehicle, aircraft, boat, RV and motorcycle loans. Normal lending criteria apply. To be eligible for the Loyalty Reward rate discount, loan proceeds may not be used to refinance an existing Piedmont Advantage loan secured by the same collateral. Loyalty Reward rate discount can be applied to multiple eligible loans. Loyalty Reward rate discount can be combined with the 0.25% APR rate discount for enrollment in automatic payments for auto loans, but cannot be combined with any other rate discount or promotional offer.