Republic Bank & Trust Company has launched its Aircraft Lending Division, the company said.
Republic Bank is now offering personal aircraft loans in amounts from USD 55,000 to USD 500,000, with terms up to 20 years, to purchase or refinance aircrafts, along with engine overhauls and avionic upgrades. This loan program is open to all states, except for Alaska and Hawaii.
Republic Bancorp is the parent company of Republic Bank & Trust Company, which currently has 45 full-service banking centers and one loan production office throughout five states. The Bank offers Internet banking at www.republicbank.com.