National Aircraft Finance Company Launches Avionics Financing

National Aircraft Finance Company (NAFCO) and Pilot Bank announce today the launch of a new financing offering to provide unsecured loans up to $35,000 for General Aviation pilots seeking to upgrade their avionics of ADS-B equipment.

TAMPA, FL, July 20, 2015 - National Aircraft Finance Company (NAFCO) and Pilot Bank announce today the launch of a new financing offering to provide unsecured loans up to $35,000 for General Aviation pilots seeking to upgrade their avionics of ADS-B equipment. With attractive terms and a unique market presence, the new offering will provide low monthly payments for avionics upgrades.

NAFCO and Pilot Bank have proven their commitment to general aviation for decades and in 2014 they partnered with the NextGen GA Fund to further support pilots who are facing upgrades required by FAA mandates. "Our dedication to supporting GA has only increased in the past year and today we are pleased to announce another offering to financially assist pilots seeking compliance with the avionics mandate", states NAFCO President Kevin Buckland, "The NAFCO team has the experience, expertise and an incredibly efficient workflow design in place to handle NextGen GA Fund's needs and we sincerely welcome this opportunity." NAFCO's ability to provide unsecured installment loans for avionics upgrades will not replace their standard financing for upgrades exceeding $35,000, but will simply offer another option for GA pilots.

NAFCO has been "Funding General Aviation Since 1994" and remains 100% committed to providing comprehensive finance solutions for general aviation pilots and enthusiasts. As one of the most established aviation finance companies in the industry, NAFCO takes pride in financing the widest range of aircraft from kits and experimentals to pistons and executive turbine aircraft as well as engines, engine overhauls, and avionics upgrades. These are just a few of many reasons EAA selected NAFCO as their Finance Solution in July of 2014. Cory Puuri, EAA Membership Development Manager commented that "EAA selected NAFCO as an EAA-approved finance provider because of their 20 year history financing the aircraft EAA members fly and because of their outstanding customer service."

About National Aircraft Finance Company and Pilot Bank

NAFCO started in 1994 and in 1996 was purchased by Pilot Bancshares, Inc., making it the only finance company that is a sister company of a community bank. Pilot Bank, a full-service bank in Tampa, FL, and its affiliate National Aircraft Finance Company (NAFCO) in Lakeland, FL, have provided financing for three decades. The unique combination of Pilot Bank and NAFCO provides prospective clients with a comprehensive banking solution as well as competitive financing terms on variety of aircraft, from pistons and executive turbines to kits and experimentals. For further information please visit www.pilotbank.com or www.airloans.com.