Benefits of an Aircraft Pre-Purchase Inspection for Banks and Owner Trusts
Improved Collateral Value
By conducting a pre-purchase inspection, a bank can determine the true condition of an aircraft, which can have an impact on its resale value. This can help to ensure that the aircraft serves as secure collateral for a loan or lease.
Better Loan Decision Making
A pre-purchase inspection can provide valuable information about the condition of the aircraft, which can be used to make informed decisions about loan approvals.
Pre-purchase inspections can help to identify potential maintenance issues that could arise in the future, reducing the risk of default on loan payments and increasing the bank's chances of recovery in the event of default.
Increased Confidence in Lending
By conducting pre-purchase inspections, a bank can demonstrate its commitment to due diligence and increase the confidence of its clients in the loan or leasing process.
Improved Relationship with Clients
By contracting pre-purchase inspection services, a bank can add value to its relationship with clients and enhance the overall customer experience.