Stratus Overview
*Full funding for all training programs
Berichi Aviation has teamed up with the Stratus* to offer our student’s a financing option. Stratus works with pilots to help their dreams take flight.
How to Apply:
Click here to fill out a loan application.
Stratus will request specific items from the student after conditional approval.
Stratus Financial was founded by FAA Certificated Flight and Ground Instructors passionate about helping others achieve their aviation dreams.
You’re not just a number, and it shows with Stratus. They look beyond the typical FICO scores and look at you as a whole aviator.
They offer lending packages, including:
- The best rate you’ll get anywhere to go from zero to hero!
- Full financing for your entire flight training and more
- Affordable payment options, including deferment for 12 months while you complete your training AND find a job.
- Pay your loan off any time you want with no consequences or penalties whatsoever.
Stratus Has You Covered For Resources For Your Aviation Career
- Counseling with their team of flight instructors and ground instructors to support you through flight training, check rides and interviews with airlines.
- Resume reviewing, editing, and building
- AMA Phone Calls with Pilots in the 121 and 135 Industry – What It’s like, How They Got Their Job, etc.
If you have limited credit or low income you may need a Co-Borrower.
We Fly Overview
*Limited Funding
Unsecured loan amount ranges $5,000-$30,000
Interest rates are typically around 7.99%-12.99%
72 month term
Line of credit loan – only make payments and interest based on the amount you use, not the amount you are approved for
Line of credit loan – only make payments and interest based on the amount you use, not the amount you are approved for
Applicant and co-signer must be US citizen/Permanent Resident and must meet CU membership eligibility (generally speaking, applicant must be a FL resident to have an account at our CU)
Applicants must have over a 600 credit score to be considered
Applications can be submitted online at: WeFloridaFinancial.com
Monthly payments start 30 days after first withdrawal. No deferments available. Expect monthly payments to be roughly 2% of amount withdrawn in total
No pre-payment penalties
Withdrawal period is the first two years
Can be used for any flight training
Borrower pays school directly
Either the applicant or the co-applicant must have at least two years of established credit history
Either the applicant or the co-applicant must have employment income
Co-applicant must have the same primary address as the applicant
Loan decisions generally within 1 business day. If approved, we can usually fund loan within 2-3 business days