Turboprop Finance
Finance for single and twin-engine turboprop aircraft - Pilatus PC-12, Beechcraft King Air 90/200/350, Daher TBM 960, Piper Meridian, and Socata. Specialist aviation lenders who understand the high-performance turboprop market and the business owner buyer.
The right structure for your aviation requirements
Single-Engine Turboprop Finance
Pilatus PC-12, Daher TBM 960, Piper Meridian, and Socata Trinidad series. Finance for the premium owner-flown turboprop market - business owners who fly themselves and want the highest performance from a single engine.
Twin Turboprop Finance
Beechcraft King Air 90, 200, and 350. The world's best-selling turboprop range. Finance for corporate operators, charter companies, and owner-operators who need cabin space alongside performance.
Pilatus PC-24 Finance
The Pilatus PC-24 jet - the natural progression from the PC-12. Finance for this unique 9-seat twin-jet that brings turboprop versatility to the light jet market.
Hire Purchase
Own the turboprop at end of term. Fixed monthly payments over 5-10 years. Capital allowances available for business use. The most common structure for privately-owned turboprops.
Finance Lease
Lower monthly payments. Suited to corporate operators who prefer to upgrade to newer turboprop technology at the end of the lease rather than holding an owned asset.
Sale & Leaseback
Release capital from a turboprop you already own. Useful for operators funding fleet expansion or business working capital while retaining operational use of the aircraft.
How it works
Aircraft details
Type, manufacturer, year, G- or N-registration, total airframe hours, engine hours/cycles, avionics specification, and current CofA. Engine programme enrolment (Pratt & Whitney ESP, Honeywell MSP) confirmed.
Specialist lenders
Turboprop finance requires lenders with high-performance aircraft experience. Close Brothers Aviation and specialist private banks are the primary panel. Decisions within 24-48 hours.
Pre-purchase inspection
A full pre-purchase inspection (PPI) by a type-approved maintenance organisation is required by lenders before drawdown. We advise on the PPI process and costs.
Settlement
We settle with the seller, dealer, or manufacturer. CAA mortgage registered by specialist aviation solicitors.
Ready to discuss Turboprop Finance?
Call 0204 6211776 or complete our enquiry form. Indicative terms typically within hours.
Aircraft Types We Finance
Single-Engine Turboprop
Pilatus PC-12/NGX, Daher TBM 940 & TBM 960, Piper M600/SLS. Typical prices £1.5m–£5m. The most popular category for owner-pilots and small charter operators. PC-12 Finance →
Twin Turboprop
Beechcraft King Air 200, King Air 350 and earlier models. Prices £1m–£6m. Widely used for private charter, air ambulance and corporate travel. King Air Finance →
Multi-Engine Piston
Beechcraft Baron 58, Cessna 421, Piper Aztec and Twin Comanche. Prices typically £60k–£350k. A more accessible entry to twin-engine capability. MEP Finance →
Indicative Lender Rates - Turboprop Finance
Rates current as of October 2026. Subject to credit assessment, aircraft valuation and registration type.
| Lender | Rate Range | Min Loan | Max Term | Registrations | Product |
|---|---|---|---|---|---|
| Lombard | 5.5%–9% | £100,000 | 10 years | G / N / M | Chattel loan |
| Close Brothers | 7%–11% | £50,000 | 7 years | G / N / EI / M | HP / Secured |
| HSBC | 5.5%–9% | £500,000 | 10 years | G | Commercial |
| NatWest | 6%–9.5% | £250,000 | 10 years | G | Commercial |
| Lloyds | 6%–9% | £500,000 | 10 years | G | Commercial |
| AIB UK | 6.5%–10% | £250,000 | 10 years | G / EI | Commercial |
| Hampshire Trust | 7.5%–12% | £100,000 | 7 years | G | Secured |
| Shawbrook | 8%–13% | £100,000 | 7 years | G | Asset finance |
How Turboprop Finance Works
Turboprop finance is structured as a chattel loan or hire purchase agreement secured against the aircraft. The lender takes a charge over the aircraft (and sometimes additional security) for the term of the loan. At the end of the term, title passes to you fully.
Typical ticket sizes run from £200,000 for a well-priced multi-engine piston up to £8m for a late-model King Air 350 or TBM 960. Terms of 5, 7 or 10 years are standard, with deposits typically 10–30%.
Key Eligibility Factors
- Aircraft age and total airframe hours
- G, N, M or EI registration
- Intended use (private, charter, training)
- Borrower: individual, limited company, trust
- Pre-purchase inspection / EASA/CAA airworthiness
More turboprop finance guides
- Turboprop Air Ambulance & Air Taxi Finance
- Cessna Caravan Finance - UK Guide
- Turboprop Finance for Charter Operators
- First Turboprop Finance - Stepping Up from Piston
- Turboprop Fleet Finance - Multi-Aircraft Funding
- How to Finance a Turboprop Aircraft UK
- Beechcraft King Air 250 Finance - UK Guide
- Beechcraft King Air 350 Finance - UK Guide
- Beechcraft King Air Finance UK
- Multi-Engine Piston Finance UK
- Pilatus PC-12 NGX Finance - UK Guide
- Pilatus PC-12 Finance UK
- Piper M600 Finance - UK Guide
- Piper Meridian Finance - UK Guide
- Daher TBM 930 Finance - UK Guide
- Daher TBM 960 Finance - UK Guide
- Turboprop Finance for Limited Companies
- Turboprop Finance: Hire Purchase vs Finance Lease
- Turboprop Import Finance - N-Reg to G-Reg
- Turboprop Refinance & Equity Release
Frequently asked questions
What turboprop types can be financed?
All major turboprop types - Pilatus PC-12 and PC-24, Beechcraft King Air 90/200/350, Daher TBM 910/940/960, Piper Meridian/M600, Socata TBM, Epic Aircraft, and other certified single and twin turboprops. New and used.
Do I need to be enrolled on an engine programme?
Specialist aviation lenders strongly prefer turboprop aircraft enrolled on approved engine programmes (P&W Eagle Service Plan, Honeywell MSP, GE On-Point). Aircraft not on programme attract lower advance rates and some lenders will decline without it.
What is the typical advance on a King Air?
Typically 70-80% of current open market value for well-maintained King Airs on engine programme. The King Air's global secondary market supports strong advance rates.
Can I finance a turboprop through a company?
Yes - turboprop finance is commonly arranged through a limited company for UK operators. Corporation tax capital allowances on qualifying aircraft, and VAT reclaimable where the aircraft is used for business purposes.
Is N-registered turboprop finance available?
Yes - specialist aviation lenders are comfortable financing N-registered turboprops operated in the UK. US-based specialist lenders are often the best route for N-reg aircraft.
What is turboprop aircraft finance?
Turboprop finance is a specialist form of asset finance that uses the aircraft as security. Lenders offer chattel loans, hire purchase or secured lending against the aircraft, typically over 5–10 years.
What aircraft types qualify?
Single-engine turboprops (Pilatus PC-12, TBM 940/960, Piper M600), twin turboprops (King Air 200/350), and high-spec multi-engine piston aircraft (Beechcraft Baron, Cessna 421).
What registration types are accepted?
Most lenders accept G-registered aircraft. Some extend to N-registration and M-registration (Isle of Man). We will match you to the lender whose registration criteria fits your aircraft.
Can I finance a turboprop used for charter?
Yes. Some lenders require an Air Operator's Certificate (AOC) for aircraft used commercially. We work with lenders experienced in both private and commercial turboprop use.
Explore related pages
Before you commit to a structure
Speak to an asset finance specialist
130+ specialist lenders. 8am-8pm, Monday-Sunday.