Aircraft refueling equipment is essential for airports, fixed-base operators (FBOs), and aviation businesses. From fuel trucks and hydrant dispensers to storage tanks and filtration systems, the tools needed to manage refueling operations can be expensive. Financing or leasing provides a cost-effective way to acquire this equipment without draining your capital reserves.
This guide outlines the benefits, financing and leasing options, and steps to secure funding for aircraft refueling equipment.
Aircraft refueling equipment is critical to the smooth operation of the aviation industry, but it requires significant investment. Financing or leasing offers a way to spread the cost over time while maintaining cash flow for other operational needs.
Preserve Cash Flow
Avoid large upfront costs by spreading payments over manageable monthly installments.
Access Advanced Technology
Keep your business competitive with state-of-the-art refueling systems and equipment.
Flexibility
Leasing agreements often provide options to upgrade or return equipment as your needs change.
Tax Advantages
Depending on your agreement, lease payments or equipment depreciation may offer tax benefits.
Scalability
Easily expand your operations with access to the equipment you need when you need it.
Most refueling equipment used in aviation is eligible for financing or leasing, including:
Equipment loans provide upfront funds to purchase refueling equipment, repaid in fixed monthly installments. The equipment often serves as collateral.
The Small Business Administration offers loan programs for aviation businesses, featuring low interest rates and extended repayment terms.
A line of credit gives ongoing access to funds, which can be used for equipment purchases and other operational needs.
Many manufacturers and distributors offer in-house financing options tailored to their products.
An operating lease allows you to use the equipment for a set term without owning it. Ideal for short-term needs or rapidly changing technology.
A capital lease is designed for eventual ownership, with payments often structured to result in lower total costs compared to renting.
At the end of the lease, you can choose to return the equipment, renew the lease, or purchase it at its fair market value.
This lease option lets you own the equipment for a nominal fee at the end of the term, typically $1.
Lenders and lessors evaluate applications based on:
Creditworthiness
A strong business credit score improves approval chances and may lead to better terms.
Business Financials
Prepare detailed financial records, including income statements and cash flow reports, to demonstrate your ability to repay.
Time in Business
Established businesses often have an easier time qualifying, but startups can still secure funding with a robust business plan or additional collateral.
Equipment Specifications
Provide quotes or invoices detailing the equipment, its cost, and intended use.
Assess Your Needs
Determine the specific equipment required for your operations and its associated costs.
Research Financing Providers
Compare terms, rates, and reviews from lenders or leasing companies specializing in aviation equipment.
Prepare Documentation
Gather necessary documents, including financial records, business information, and equipment quotes.
Submit an Application
Complete the application process and await approval.
Review the Agreement
Carefully review repayment terms, interest rates, and end-of-term options before signing.
Aircraft refueling equipment financing and leasing offer a practical solution for aviation businesses looking to manage costs while maintaining efficiency and reliability. Whether you're upgrading your fleet of fuel trucks or installing advanced filtration systems, these financing options help ensure your operations run smoothly without straining your budget. Partner with a trusted provider to secure the equipment your business needs to fuel its success.