In regard to funding a type rating, does anyone know if it's possible to fund it via the BBVA loan? i.e, would you be able to borrow a bit more from BBVA after your course has finished in order to finance the type, or would it be more advisable to borrow the money at the beginning? Just trying to weigh up interest charges..
hill.sam one of the girls on our course asked BBVA that very question and they will do a separate application for the type rating cost and the same property can be used as a guarantee so long as it doesn't go over the 60% or whatever it is.
They will normally only approve this once an offer of a type rating has been made and is in writing, they won't give it to you at the beginning. you make the point about interest, that's partly it, but also, some airlines don't require you to pay for TR. Flybe don't charge, they do a lower salary. easyJet will underwrite the type-rating cost for you to borrow from BBVA.
Hope that helps