View Full Version : MPL / ATPL Loan
tlipiec
24th Aug 2017, 09:39
I've been scanning forums for the answer, however didn't find anything too relevant :ugh: - so I apologise if I'm duplicating someone else's question.
Some people have been talking about ways of funding the training other than BBVA - i.e. with high street banks. I did a bit of searching, however I couldn't find anything relevant. Could anyone point me in the right direction? Only banks / other institutions in UK or Poland. Cheers!
PS. Obviously I'm talking about loans in range from 80-100k GBP
gordonquinn
24th Aug 2017, 15:49
I assume you know BBVA no longer offer loan products catered to flight training like they used to.
Other large loan products available are secured against an asset, usually a property. These are quite widely available however to my knowledge the interest is quite high.
As mentioned above, there are other training options (mostly modular) which would allow all training to be achieved potentially for much less than £80k-£100k.
Have you considered a modular route? A PPL can be achieved in your spare time along with work, along with hour building. A smaller (but still large) loan could then be used to fund the final required training.
tlipiec
25th Aug 2017, 08:47
I assume you know BBVA no longer offer loan products catered to flight training like they used to.
Other large loan products available are secured against an asset, usually a property. These are quite widely available however to my knowledge the interest is quite high.
As mentioned above, there are other training options (mostly modular) which would allow all training to be achieved potentially for much less than £80k-£100k.
Have you considered a modular route? A PPL can be achieved in your spare time along with work, along with hour building. A smaller (but still large) loan could then be used to fund the final required training.
Cheers for your post. Yeah, I know that BBVA is out of the game now :( I'm still at the research phase now so modular route is still an option - that or cheaper integrated schools (like BAA). Any particular loan products you think are worth mentioning?