TEXAS AIRCRAFT ANNOUNCE SPECIAL FLY-AWAY FINANCING. RATES AS LOW AS 4.75%

TEXAS AIRCRAFT ANNOUNCE SPECIAL FLY-AWAY FINANCING. RATES AS LOW AS 4.75%

May 18, 2020 By kent

With the variety of special Fly-Away Financing rates, pilots can own a brand-new Colt-SL
equipped with touchscreen avionics, digital autopilot, airframe parachute, leather upholstery, and custom paint for under $1,200 per month.**

— Hondo, Texas-based, Texas Aircraft Manufacturing announced
today it has partnered with Hondo-based Community National Bank to offer special Fly-Away
Financing for all factory-new Colt-S and Colt-SL S-LSA aircraft.
“I cannot tell you how extremely pleased and excited we are to announce this amazing financing
offer through our friends at Community National Bank,” says Texas Aircraft Manufacturing’s
CEO, Matheus Grande. “Having truly affordable monthly payments is just one more example of
how the new-generation Colt is helping pilots achieve their dream of aircraft ownership.”
“Whether it’s buying a car, a house, starting a business, or buying an airplane, Community National
Bank has been built on helping people achieve their goals,” stated Ronnie Miller. President & CEO,
Community National Bank. “We are impressed with the quality of the Colt aircraft, but we are more
impressed with the quality of the people behind it. Everyone at Community National Bank is proud
to help a fellow Hondo-based business achieve its and its customers’ goals.”
“Imagine owning a brand-new, fully-equipped Colt-SL for about the same cost as a much older,
less advanced, pre-owned aircraft,” Grande says. “Our Fly-Away Financing offer doesn’t just make
it affordable; Community National Bank has streamlined the loan approval process to make it as
easy as possible.”
In fact, Grand explained, there is an online form that prospective Colt-S and Colt-SL S-LSA buyers
can use to calculate their down payment, loan term, and total monthly payment. Here is a link to the
Community National Bank Fly-Away Financing online calculator:
https://www.cnbanktx.com/technology/loan-calculators/

About the Texas Aircraft Colt-SL S-LSA
Performance Specifications and Features:

Engine Type: 100 horsepower Rotax 912 ULS
Propeller Type: Sterna composite, three-blade
Maximum Speed at Sea Level: 119 KIAS
Cruise Speed at 75% power: 105 KIAS
Semi-cantilever, high-wing design
All aviation-grade aluminum airframe with all solid metal rivets
Wide cabin with welded Chromoly passenger safety cell
Four-point passenger safety harnesses
Airframe ballistic parachute system
Dynon 10” SkyView HDX touchscreen display with Synthetic Vision with 3D graphics
Dynon Mode-S Transponder with ADS-B Out/In and TIS traffic
Dynon WAAS enabled GPS Receiver
Dynon digital autopilot with Level Button
Dynon Electronic Engine Monitoring System
Manufactured with pride in Texas
*All specifications and features are subject to change without notice.
** 5.75% Interest Rate. Purchase price: $167,500. 15% down payment. 15-year term payment of
$1,182.30 per month. 15-year term subject to approval. Rates subject to change.

About Community National Bank
CNB was founded in April 1981 by a group of banking leaders focused on serving the needs of the
local south-central Texas community. Over the years, that mission has expanded beyond the
traditional role of a bank to that of an institution with the experience and expertise to answer the
important questions customers have about their financial futures. Today, our shareholders,
directors, employees, and partners are committed to providing a service-driven experience that
helps customers make smart decisions and reach their short- and long-term financial goals. For
more information, visit: www.cnbanktx.com
About Texas Aircraft Manufacturing
Founded in 2017 and based at South Texas Regional Airport in Hondo, Texas, the team behind
Texas Aircraft Manufacturing is solely committed to using modern technologies and materials to
design and produce new-generation private aircraft that help pilots achieve their dream of aircraft
ownership. The company is the designer and producer of the new Colt Light Sport Aircraft (S-
LSA). Texas Aircraft Manufacturing is grateful for its employees, many of which are ex-
military aircraft maintainers and veterans. For more information, visit: www.texasaircraft.com