Texas Aircraft Introduces Colt Financing Program

1

Texas Aircraft Manufacturing has introduced a new financing program for its Colt-S and Colt-SL S-LSA aircraft. Fly-Away Financing is the result of a partnership between Texas Aircraft and Hondo, Texas-based Community National Bank. According to the company, prospective aircraft buyers can now access an online form to calculate their down payment, loan terms and total monthly payments.

“Imagine owning a brand-new, fully-equipped Colt-SL for about the same cost as a much older, less advanced, pre-owned aircraft,” says Texas Aircraft Manufacturing CEO Matheus Grande. “Our Fly-Away Financing offer doesn’t just make it affordable; Community National Bank has streamlined the loan approval process to make it as easy as possible.”

As previously reported by AVweb, Texas Aircraft Manufacturing delivered the first Colt-SL S-LSA in January. The company was founded in 2017 and is based at South Texas Regional Airport (HDO) in Hondo, Texas. The all-aluminum Colt-SL is powered by a 100-HP Rotax 912 ULS engine and cruises at 105 knots. It comes equipped with the Dynon SkyView HDX, Dynon autopilot and whole-airframe parachute. The aircraft is priced at $167,000.

Other AVwebflash Articles

1 COMMENT

  1. Innovative aviation financing…buy here, pay here. It will be interesting to see the available terms. This is the kind of marketing strategy that will really define what the true LSA and trainer market really is. When you combine the manufacturing, sales, and financing in one place with flexible credit terms, it will be a great way to see what the potential really is vs the “sky’s the limit” mantra.