FINANCE
Hello City chump,
Regarding finance, I do not see the below paragraph at Oxford and FTEJerez finance section... only CTC and BA finance one has it...
Seems to me that OAA and FTEJerez do not work with someone who is NOT able to secure an asset-based loan. Please advice.
Thanks,
Spymell
If you’re not in a position to secure an asset-based loan then you could be eligible for our British Airways guaranteed loan scheme. If this is the case, our partner bank will run a thorough check of your credit history. Should this come back clear and you pass the Future Pilot Programme selection process, British Airways could act as your loan guarantor. You will then be able to borrow the money from our partner bank in order to deposit the required security bond with APL. On any loan there is obviously a percentage of interest charged by the lender, but the British Airways guaranteed loan scheme specifically offers a 24-month holiday period before any loan repayments commence. It should be noted however, that it might be cheaper to secure an asset-based loan either through our partner bank or another lender.