The Trusted Name in
Aircraft Financing
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But The Best
Experience the confidence that comes with decades of aviation expertise. At Dorr Aviation, we leverage our history as the nation's oldest aircraft financing company to provide a refined, personal experience tailored to your unique goals.
What sets
us apart
We work closely with you throughout the buying process with a high level of customer service and personal contact. Our industry knowledge, experience, and years of service make us The Trusted Name in Aircraft Financing.
Timeframe for closing process
Planning ahead always takes the stress out of the process.
The total timeframe from application to closing usually takes between 5–7 business days so knowing this can alleviate some of the pressure. Once we receive a complete application, the application process can take between 1–3 days and then obtaining all of the necessary closing documents can take 3–5 days depending on many different factors.
More specifically we’ve outlined the standard timeframes and the process below (download it in checklist form here). Of course there are always unexpected bumps in the road which can extend the timeframe but we always do our best to avoid these as much as possible. Our goals always align with yours: ultimately we all want an accurate and timely closing.
Application
From the time we receive all of your necessary documents to apply, it usually takes between 1-3 business days. The more complete your application package is, including all documents submitted in PDF format, the quicker the turnaround.
Approval to Contracts
This can be the same day, depending on the timing of the approval, and if you have already found your airplane. If you haven't already, you should send the purchase agreement, spec sheet, and any corporate information if you are putting the loan in an LLC or corporation (operating agreement, articles of organization, certificate of formation, IRS EIN forms, etc.) to your loan officer.
Contract Process
We send you a link to your contracts and you Docusign them. Generally, this takes most clients 1-3 days. During this process, you can be sending us all of the supportive documents for closing so that we are ready to move forward upon receipt of your contracts. For a listing of these specific documents, see our closing checklist overview.
Closing
Upon receipt of all of the necessary closing documents and a clear title, we can perfect a closing in 1 day. Our lenders have a wire cut off time of 2:00 EST. The FAA has a closing cut off time of 4:15 EST.
Don't take our word for it, let our clients tell you about their aircraft financing experience with Dorr.
Their communication and professionalism gave me full confidence every step of the way. Thanks to Dorr Aviation, I was able to secure financing and finalize my aircraft purchase quickly and stress-free. Highly recommend them to anyone looking to finance an aircraft — they truly go above and beyond!
Special shout out to Alex who really went above and beyond in every way. Any question I had, he had an immediate answer and/or solution.
Thank you guys for the help in making a dream come true!!!!!!