A King Air 350i is a multi-million-dollar, twin-turboprop financing through a specialized aviation lender, with the engine program, insurance, and intended use all shaping the structure. This page covers how to finance one; for market values and worked examples, see the full guide below.
| Factor | Typical for a King Air 350i |
|---|---|
| Typical loan amount | $3M–$6.5M |
| Down payment | 15–20% |
| Term | 15–20-yr amortization (balloon common) |
| Illustrative rate | upper 6% to mid-7% for strong borrowers |
Figures are illustrative for planning, not offers of credit. For current market prices and worked payment examples, see the resources linked below.
What Shapes Your King Air 350i Loan
- Engine program status is central. An airplane on a recognized PT6A program is far easier to finance and value than one with off-program, high-time engines.
- Structure options. Turbine loans often pair a 15-20-year amortization with a balloon to manage cash flow — a broker can compare structures.
- Insurance & training for turbine time (and, for some, a two-crew SOP) must be arranged before funding.
How to Finance a King Air 350i
- Get pre-qualified. Turbine lenders assess your financial strength up front; a pre-qual sets your budget.
- Find the aircraft & confirm the engine program. Program status is central to value and financing.
- Full application with financials. Expect a closer look at income, liquidity, and intended use.
- Pre-buy inspection & appraisal. A turbine pre-buy protects you and the lender.
- Bind insurance (with training plan) & close. Turbine coverage must bind before funding.
Documents You'll Typically Need
- Personal financial statement and recent tax returns (business returns if buying through an entity)
- Recent bank/brokerage statements showing funds for the down payment and reserves
- Pilot certificate and, for higher-performance aircraft, time-in-type or a training plan
- The purchase agreement and the aircraft's specifications and logbooks
- An insurance quote you can bind at closing
Why work with a broker? Jaken Aviation is a brokerage, not a lender. We shop your King Air 350i loan across a national network of aviation lenders and compare structures so you don't have to apply to each one yourself.
Frequently Asked Questions
What down payment do King Air lenders expect?
Typically 15-20% for a well-qualified buyer, more on older or off-program aircraft. Lenders weigh your overall financial strength and the engine program alongside the down payment.
Can I finance a 350i for charter (Part 135)?
Yes, often on a debt-service-coverage basis, with the management, crew, and utilization plan documented.
Do turboprop loans use balloon payments?
Frequently. A long amortization with a balloon at 5-10 years keeps payments manageable; a broker can compare fully-amortizing and balloon structures.
Rates, terms, and figures in this article are illustrative examples for the 2026 market and are not offers of credit. Jaken Aviation is a licensed aircraft financing brokerage — a division of Jaken Finance Group — and does not make loan decisions. All financing is subject to lender approval.
Get Pre-Qualified for King Air 350i Financing
Tell us about your purchase and we'll compare offers across our lender network for your King Air 350i.
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