Here (again) is the long and short of CDL applications for Commercial Flying.
The max on offer is about £8k, right?
You are going to need a LOT more than £8k…right?
When you put your case to the Bank (which ever one you choose, ‘cos they are all in the same boat), you will need to show them how you will finance the complete course ...to conclusion.
Unless you have CPL already and ‘just’ need to do an FIC or IR to become employable you will not get the loan, UNLESS you can show proof of funds in place to finance the other elements of a modular route.
Again if you wish to part fund an integrated course with a CDL, you will need to show where the rest is coming from.
In short you MUST go armed with a business plan which shows the Bank that the CDL will be spent in such a way as to allow you to complete your training and be employable.
Please don’t argue with the above, it is FACT. Been there ..done it ..got the T shirt.
Buy the way the interest rates are verging on extortion when it comes to pay the loan back (about 11.5%!!). Ok you get a repayment holiday whilst training but you will pay for it at the end of the day!
Sadly modular aviation training doesn’t quite fit a CDL (multiple training providers etc) but, you can get one, but, it’s a hassle!