Getting Started

Ready to Apply?

Our goal is to make the financing process as easy as possible and to create a product that best fits the needs of our customers. The best way to assist Scope in completing a prompt review of your loan request is to provide the following information:

1. Application with signatures (Click here)
2. Financial documentation (Click here)
3. An aircraft spec sheet (Note: If you’re interested in refinancing, please provide recent airframe and engine log entries.)

The Process: From Application to Beyond Closing

Gathering Information:

Submit the items needed to a Scope representative. You can email us at info@scopeair.com or 800-357-5773 with questions about the application process.

Underwriting and Approval:

• We order a credit report and a background check.
• We evaluate your credit and cash flow from the information provided.
• We may ask for additional detail such as the aircraft’s intended use, your financial information, etc.
• After satisfactory cash flow and aircraft analyses are completed, Scope will offer terms expected to mutually benefit you and the bank.

Closing:

• Upon acceptance of quoted terms, a closing date will be set.
• A title report is ordered. Any liens on the aircraft must be released before funding.
• Scope must be listed as lien-holder on the aircraft’s insurance certificate before funding. We can contact your insurance agent to coordinate our requirements.
• Documents will be overnighted to you for signature.
• All required documents must be signed and in position either with Scope Aircraft Finance or an escrow agent before funding can occur.

After Closing:

• We will send you an executed copy of the loan documents.
• Monthly invoices showing breakdown of principal and interest payments will be sent to the address of your choice.
• A check-free payment option is available to save you time and money.
• A post-closing title search is ordered to verify the title has been properly recorded.
• The Scope team will be available to you now and in the future!