In addition to the completed loan application, we have certain basic underwriting requirements.  If you have any questions about the items listed below, please contact your Scope Aircraft Finance lender for more information.

Basic Underwriting Requirements Checklist

Section 1

In all cases, a Loan Application is required with a signature from each individual Borrower or Guarantor. These signatures authorize credit bureau and possibly other background checks.

In all cases, an aircraft specification sheet is required.

Section 2

In addition to the information in Section 1, the following is required.

For each Individual that is a Borrower and for each Personal Guarantor if a Company is the Borrower

• Detailed current Personal Financial Statement (PFS), if not included in the application
• The two most recent personal tax returns, including all forms and schedules
• Bank and/or brokerage statement(s) substantiating liquidity shown on PFS

For each Company that is a Borrower and for each Corporate Guarantor

• The two most recent corporate annual financial statements with footnotes
• The two most recent corporate tax returns if financial statements are not Audits or Reviews.
• The most recent interim financial statements if the annual statement is more than 6 mo. old