Helicopter Finance

Lloyds Bank Helicopter Finance Rates

From 6.4% p.a. - Lloyds Bank helicopter finance rates

Rates updated

Lloyds Bank is one of the UK's largest commercial lenders and has a long-standing heritage in aviation and helicopter finance, particularly for offshore and search-and-rescue (SAR) operators. With a maximum LTV of 80% and terms of up to 10 years, Lloyds is a strong option for established commercial helicopter operators.

Rates correct as of October 2026. Subject to lender credit assessment and aircraft valuation.

Indicative Rate Table

The figures below reflect typical rates available through Doulton Bridging Finance for helicopter finance with this lender as of October 2026. All rates are subject to individual underwriting, aircraft type, age, and borrower covenant.

ProductHP Rate (p.a.)Finance LeaseOperating LeaseTerm Range
Hire Purchase (HP)From 6.4%From 6.6%From 6.9%3–10 years
Turbine (commercial)From 6.5%From 6.7%From 7.0%3–10 years
Offshore / SAR helicopterFrom 6.4%From 6.5%N/A5–10 years
Large-ticket (£5m+)BespokeBespokeBespokeUp to 10 years

Products Available

Hire Purchase

Own the helicopter outright at the end of the agreement. Fixed monthly payments over 3–10 years with Lloyds' competitive HP rate from 6.4% p.a. Ideal for owner-operators wanting a clear path to full ownership.

Finance Lease

Use the aircraft without formal ownership during the lease term. Monthly payments are typically lower than HP. At the end of the term, the aircraft can be sold with proceeds returned to you, or re-leased. Rates from 6.6% p.a.

Operating Lease

Full off-balance-sheet leasing for eligible businesses. Lloyds structures operating leases for larger commercial operators, particularly in the offshore and SAR sectors. Speak to us for indicative terms.

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FAQs

Frequently asked questions

What rate does Lloyds offer for helicopter finance?

Lloyds Bank offers helicopter finance from approximately 6.4% p.a. as of October 2026, subject to borrower covenant, aircraft type, and loan-to-value ratio. Rates are typically fixed for the term on hire purchase agreements and may be variable for finance leases.

What deposit does Lloyds require for helicopter finance?

Lloyds Bank generally requires a minimum deposit of 20% of the aircraft purchase price, giving a maximum loan-to-value of 80%. For higher-value or complex transactions such as offshore or SAR helicopters, underwriters may require additional equity or security.

Does Lloyds finance offshore helicopters?

Yes. Lloyds Bank has a heritage in offshore and search-and-rescue (SAR) helicopter financing, particularly for operators working in the North Sea and similar environments. Large-ticket transactions with established commercial operators are a particular strength.

How long does Lloyds take to approve helicopter finance?

For straightforward applications with a strong borrower covenant, Lloyds can often provide a credit-approved indicative term sheet within 5–10 working days. Complex transactions or large-ticket offshore cases may take longer due to additional underwriting requirements.

Can Lloyds finance an imported helicopter?

Lloyds can consider finance for helicopters being imported to the UK register (G-registration), subject to CAA airworthiness confirmation and a satisfactory appraisal. N-registered or dual-registration aircraft may require specialist structuring - speak to us for guidance.

Finance taken for business purposes is not regulated by the FCA. Rates shown are indicative as at October 2026 and depend on credit profile, term, aircraft and deposit. We act as a credit broker, not a lender. Your aircraft may be repossessed if you do not keep up repayments.

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