1st Source Bank is a bank headquartered in South Bend, Indiana, serving personal and business customers in northern Indiana and southwest Michigan. Its aircraft division provides corporate and personal aircraft financing in the United States and internationally, and the bank says it has been financing aircraft for more than 40 years.
Aircraft Financing Services
- Private and commercial aircraft financing
- Domestic and international retail aircraft financing
- Dealer floor-planning
- Customized operator solutions
- Amortization schedules matched to aircraft utilization; rates set per deal based on the borrower and the aircraft
- Online tools: aircraft loan calculator, operating cost calculator and life cycle cost tool
Aircraft Financed
- Business jets from Airbus, Bombardier, Dassault Falcon, Embraer, Gulfstream, Honda and Textron
- Turboprops including Pilatus, Daher (TBM and Kodiak) and Cirrus aircraft
- Airbus helicopters
Key Figures
- Typical financing amounts from $500,000 to well beyond $15,000,000, with all deals evaluated individually
- Over $2 billion of aircraft financed in the past 4 years
- Most common countries financed: Canada, Brazil, Mexico and the USA
Contact
- Website: 1stsource.com aircraft financing
- Aircraft division phone: (574) 235-2037
- Main phone: (574) 235-2000
- South Bend, Indiana, USA
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