Searey Partners With NAFCO to Offer LSA Financing

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Progressive Aerodyne, manufacturer of the Searey amphibious Light Sport Aircraft, has partnered with National Aircraft Finance Company (NAFCO) to offer financing on new factory-built Searey Sport and Searey Elite S-LSA airplanes. NAFCO will finance up to 85% LTV for up to 20 years for qualified applicants.

“We are very excited about the partnership with NAFCO. A proven history of continuously delivering a quality airplane, its strong value in the resale market, and factory-sponsored transition training are all factors that enabled us to be able to do this. Financing options will make Searey ownership a reality for a wider array of prospective pilots and operators,” says Kevin Oaks, Searey’s Director of Sales and Marketing.

NAFCO, an affiliate of Pilot Bank, is based in Lakeland, Florida and has been funding general aviation loans since 1994.

Progressive Aerodyne has been in business since 1992 and manufactures the Searey Sport and Elite LSAs at its Tavares, FL factory. Nearly 600 Seareys are flying worldwide making it the world’s most popular amphibious Light Sport Aircraft.

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