Are there any UK Banks that offer Pilot Training Loans, which do not need a security asset such as a House?

Question

I am looking to become a commercial pilot, but I need to fund this myself as no airline currently operates sponsorship programmes after the events of 9/11. I would be required to pay approximately £90,000 through an academy such as the Oxford Aviation Academy, I could not afford this without a loan but I am only 19 and do not own an Asset such as a property to use as collateral, any one got any ideas? Thanks

Answer 1

Sorry Jordon there is no one in the UK that will lend you anything like that with no equity. If you failed to get a job how would they get their money back. Banks are NOT even lending to established businesses.

Answer 2

am i able to place a distinctive state of affairs which ends up in yours (i'm hoping). the place I stay, like in maximum places, the site visitors could be horrendous at situations, and for some years there has been a marketing campaign for a significant pass hyperlink to the highway purely 2 miles away. The venture might hire hundreds of people for an prolonged time as there are different components to the completed plan- community Housing, entertainment Faciities etc. Over this time, the staff does not draw activity Seekers, might pay Tax, and make contributions frequently to the community economic device. If shall we upload to this a scheme wherein those human beings might have "government ensures" for the borrowing you recommend, payments deducted from source, and components decrease back might desire to they voluntarily provide up artwork, then the enhance might take place. enable's spend on recuperating the Infrastructure- this is sustainable.

Answer 3

no one will loan you money like that with out security on some think you own sorry