Close Brothers Aviation and Marine

We are a leading provider of aviation & marine finance.

Services

We are an experienced & respected provider of flexible finance for business & general aviation & a wide range of leisure & commercial vessels.  We are a specialist division of Close Brothers, a leading merchant banking group.

With a combined track record spanning more than 50 years, our dedicated Aviation & Marine team have a wealth of experience in financing new & pre-owned aircraft, commercial vessels & leisure boats.

We are passionate about what we do & our customers value our long-term experience as well as our personal, consistent approach throughout the business cycle.

“Our success is built on the long-term relationships we have with our customers, underpinned by the knowledge & expertise of our specialist aviation & marine team.”

Andy Blundell, Director of Aviation & Marine

Close Brothers Aviation & Marine have been financing the general & business aviation industry in Britain & Ireland since 1976.

We also provide finance for vintage aircraft, & are strong supporters of historic aviation in the UK. The aircraft we finance are usually registered in the UK, USA, Ireland, Isle of Man or Guernsey.

We can finance brand new aircraft direct from the manufacturer, or pre-owned aircraft being sold by dealers, brokers or via private sale. We can also consider refinancing aircraft that are already owned, to release capital for overhauls, upgrades, rebuilds or other purposes. We can’t, however, finance aircraft operated by major airlines & the armed services.

Here are just some of the aircraft we can help you to finance:

• Light piston aircraft
• Turboprops
• Helicopters
• Executive corporate jets
• Air ambulances

How does aviation finance work?

The borrower provides information about themselves & the prospective aircraft to us.

We perform an appraisal of the aircraft’s value & undertake our own internal credit analysis.

Normally, we would expect the borrower to undertake their own pre-purchase survey of the aircraft.

We agree terms on the structure of the transaction with the borrower.

We perform a title search based on the aircraft’s registration number to confirm that no liens or title defects are present.

We then prepare documentation for the transaction, which includes dealing with the vendor, insurers, maintenance organisations & (where applicable) lawyers.

At closing, the loan documentation is executed, & the funds are transferred.

We work in partnership with our customers

Drawing on our experience & expertise, we are able to provide customers with a wide range of options when financing their aircraft. We work in partnership to ensure that we offer flexible lending terms to enable the purchase of a new or pre-owned aircraft or to raise finance using existing aircraft as security.