1st Source Bank

1st Source Bank is a regional bank headquartered in South Bend, Indiana. The bank has been in business since 1863. It has more than 1,200 employees and $9.3 billion in assets. The bank serves clients through banking centers in 19 counties in northern Indiana and southwest Michigan. It also operates offices across the United States through its Specialty Finance Group.

The Specialty Finance Group provides financing for aircraft. It works with private owners, corporations, dealers, and commercial operators. The group has served aviation clients for more than 40 years. It finances both fixed wing and rotor wing aircraft. The team includes specialists who understand the aviation market.

The bank offers corporate and personal aircraft loans. It provides dealer floor planning. It creates financing plans for operators. This includes support for Part 91 and Part 135 operations. The bank handles domestic and international retail aircraft financing. It also offers fleet expansion financing for commercial operators. The team can introduce clients to aviation tax, legal, and insurance specialists.

The bank finances aircraft from several manufacturers. These include Airbus Helicopters, Bombardier, Cirrus, Dassault Falcon, Embraer, Gulfstream, Honda Aircraft, Pilatus, Daher, and Textron Aviation. The Daher line includes TBM and Kodiak aircraft. Deal sizes typically range from about $500,000 to more than $15 million. The bank has financed over $2 billion in aircraft during the past four years.

The bank most often finances aircraft in the United States, Canada, Brazil, and Mexico. The Specialty Finance Group maintains offices across the country. The group also finances construction equipment, trucks, and fleets. Aircraft deals are handled by in house credit and closing teams.

The bank has received several awards. It holds a BauerFinancial 5 Star Superior Rating. Forbes named it one of America's Best Banks from 2024 through 2026. Monitor Daily listed it among the Best Companies in Leadership for 2026. The Specialty Finance Group ranked number 35 on the Monitor 100 list of equipment financing companies in 2026. It also ranked number 20 on the Monitor Bank 50 list in 2025.

Services

• Corporate and personal aircraft loans
• Dealer floor planning
• Operator financing
• Domestic and international retail aircraft financing
• Fleet expansion financing
• Introductions to aviation specialists