Elevex Capital, an independent specialty finance company, launched a dedicated business aviation finance division. The new division delivers tailored financing structures—including loans, true leases, and operating leases—for business aircraft transactions ranging from $1 million to $70 million and above, serving corporations, charter operators, high-net-worth individuals, and family offices across the United States and Canada.
The division is led by Kyle O’Donnell, an industry veteran who joins Elevex as sales executive for business aviation finance.
“Aviation is a natural extension of what we do best: structuring around how an asset actually generates value, not how a credit committee likes to see a deal on paper,” Jeffry D. Elliott, founder and CEO of Elevex Capital, said. “Aircraft owners and operators have been telling us for years they want a finance partner who thinks like an owner, understands the operational economics of business aviation, and is willing to put real flexibility into the structure. That’s the bar Kyle and his team are built to clear.”
The business aviation finance division supports the full range of business jet asset classes — from very light jets through ultra long-range business jets — with no defined age limits and progress payment financing available for new deliveries. The division actively serves both Part 91 (private) and Part 135 (charter) operations.
“Charter is not an afterthought for us,” O’Donnell said. “Fleet building, utilization patterns, the seasonality of an operation, the way a Part 135 certificate actually generates revenue — we built this program with all of that in mind. On the corporate side, we’re prepared to engineer the operating-lease and progress-payment structures that owners and operators have struggled to get from traditional providers in this market.”
The launch is supported by Elevex’s institutional capital base, including the company’s previously announced $1 billion forward flow agreement with TPG and credit facilities with Wells Fargo and Woodforest Bank.
