Raising capital for an A/C purchase
Any financial wizz kids out there know the best way of raising capital for an aircraft (kit) purchase.
Had planned to ask bank for a further advance on my mortgage, but not sure how they'd react to the request if I told them it was for an aircraft purchase. Suppose I could lie and say it's for home improvements, but I'd rather stay truthful if possible.
Any thoughts?
PS Checked with Lombard Finance (who advertise aircraft loans in Flyer), but they dont offer loans for kit aircraft)
Ta
M9