Aircraft Loan Document Checklist: What to Prepare Before You Apply

At The Aircraft Lenders, we hear the same question from almost every buyer at the start of the process: “What do you actually need from me?”

Much of the friction in the financing process stems from the back-and-forth requests for documents that were omitted from the borrower’s initial submission package.

Below is everything we’ll ask for, broken into three buckets: the aircraft, you personally, and your business (if applicable). With aircraft financing, personal financials are always needed, even when applying for a business loan. Pull these together early, and we can move from application to closing without unnecessary delays.

The Full Checklist at a Glance

Print it, save it, check it off — however you like to work.

Click to Download Checklist | Click to Download App | Click to Download Biz Debt Schedule

Cat. Document Notes Purpose
A/CSpec sheet or listingTarget make/model if pre-approvalVerifies aircraft specifics and value
A/CPurchase agreementSubmit once availableDefines buyer, seller, price and timeline
Pers.Application Form & PFSFillable PDF providedPersonal info, mission, assets and debts
Pers.Liquidity verificationFull statements onlyVerifies down payment funds
Pers.Federal tax returns2–3 yearsVerifies income and cash flow
Pers.W‑2s2–3 years if applicableIncome breakdown
Pers.Prior year W‑2If applicableVerifies ongoing income
Pers.Recent paystubAll jobsVerifies current employment
Pers.Driver’s licenseColor copyIdentity and address
Biz.K‑1sBusinesses owned <20%Ownership and distributions
Biz.Business tax returns3 yearsBusiness cash flow
Biz.Prior-year financialsIf return not filedPrior-year cash flow
Biz.Interim financialsMost recent quarterCurrent P&L and liquidity
Biz.Debt scheduleTAL formLong-term liabilities
Biz.Business bank statementsRecent statementsCash on hand and reserves

A Few Tips From Our Underwriting Desk

  • Don’t wait for a perfect file. Start the application with what you have. Many of these documents can roll in over the first few days.
  • Statements need to be complete. A screenshot of an account balance doesn’t give us what we need — we’re looking for the full statement, every page.
  • If you’re not sure whether something applies to you, send it anyway. Or ask us. It’s easier to clarify upfront than to backtrack later.

Ready When You Are

Whether you’ve already got a tail number picked out or you’re still narrowing down what fits your mission and budget, The Aircraft Lenders is built to move at your pace. Gather what you can from the list above, and reach out — we’ll handle the rest. Contact: info@theaircraftlenders.com or call 862-277-5277 and we would be happy to chat with you and give you a soft quote.


Updated: June 23,2026

Author: Susan Weeden, Director, Aviation Finance, The Aircraft Lenders