Bank Financing Appraisals
Bank Financing Appraisals
OTAS provides independent aircraft appraisals prepared specifically for bank financing, refinancing, and collateral review. Our appraisal reports are structured for underwriting, credit committee review, and lender reliance.
All assignments are developed in compliance with the Uniform Standards of Professional Appraisal Practice (USPAP) and supported by PAAO analytical methodology, with clear identification of intended use, intended users, scope of work, and effective date.
Typical Intended Use
Bank financing appraisals are commonly prepared to support:
- New loan underwriting
- Refinancing and loan modification
- Collateral monitoring and portfolio review
- Workout, restructuring, or special asset review
Each appraisal is tailored to the specific lending context and documentation requirements of the assignment.
Intended Users
These appraisals are intended for use by:
- Commercial banks and credit unions
- Aviation finance companies
- Credit committees and underwriting teams
- Risk management and audit personnel
Reliance is limited to the identified intended users as stated in the appraisal report.
Aircraft Categories Covered
Our bank financing appraisal practice includes:
- High-performance single-engine piston aircraft
- High-performance multi-engine piston aircraft
- Turboprop aircraft
- Light, mid-size, and large-cabin business jets
Our practice is limited to general aviation and business aviation aircraft. We do not provide appraisal services for commercial airliners or airline fleet assets.
Valuation Considerations for Lenders
Bank financing appraisals address factors relevant to collateral risk, including:
- Current market conditions and buyer demand
- Aircraft configuration and maintenance status
- Program participation, when applicable
- Damage history and market reaction
- Liquidity and time-to-sale considerations
Valuation conclusions are supported by documented market evidence rather than automated pricing tools or generalized benchmarks.
Damage History and Collateral Risk
When damage history is present, it is analyzed based on:
- Nature and extent of the event
- Quality and completeness of repair documentation
- Post-repair conformity and configuration
- Observed impact on marketability and liquidity
Adjustments, when warranted, are supported by market data and professional judgment rather than automatic discounts.
Geographic Execution
Bank financing assignments frequently involve lenders located outside the region of the subject aircraft. Local inspection capability and regional market familiarity are addressed when relevant to the assignment.
We perform on-site aircraft inspections throughout California, including Southern California, and support bank financing assignments nationwide.
Relationship to Other Pages
This page addresses aircraft appraisals prepared for bank financing.
Related information is available on the following pages:
Closing
Each bank financing appraisal is developed independently and structured to support professional reliance, audit review, and defensible collateral conclusions.
For bank financing appraisal inquiries, please get in touch with us to discuss scope, inspection logistics, and reporting requirements.