JB Aircraft Finance Launches with Bain Capital Support
Business jet financing is entering a new era with the recent launch of JB Aircraft Finance, a platform designed to transform how business aviation assets are financed and leased. Backed by Bain Capital and managed in partnership with Brickell Asset Management, JB Aircraft Finance aims to address longstanding gaps in the market—especially for older business jets and underserved operators.
Addressing Market Gaps in Business Jet Financing
Thomas Garbaccio, CEO of JB Aircraft Finance, brings over two decades of experience in aircraft and engine financing to the new venture. He notes that while aircraft transactions often move quickly, securing business jet financing can be a slow, complex process. Many traditional lenders focus primarily on newer jets and high-value deals, leaving smaller transactions and older jets with limited options. This inefficiency inspired Garbaccio and his team to create a more inclusive financing platform.
“There are thousands of productive business aircraft flying every day where financing options have become increasingly limited,” Garbaccio explains. “We saw an opportunity to create a platform focused on that underserved market.”
Flexible Solutions for Older Business Jets
JB Aircraft Finance stands out by offering business jet financing solutions that cater to older jets, providing more flexible structures and higher loan-to-value ratios than typically seen in the market. Garbaccio emphasizes the value that older aircraft continue to generate: “An aircraft doesn’t stop being a productive asset simply because it reaches a certain age. Many older jets still produce substantial value for owners and operators, and we believe they deserve financing options that reflect that reality.”
This approach is particularly attractive to charter operators managing fleet transitions, as well as aircraft dealers needing inventory financing. The company also provides financing for fractional share purchases through a five-year program, expanding access to a broader range of buyers and operators.
Combining Financing with End-to-End Support
What distinguishes JB Aircraft Finance is its commitment to supporting clients throughout the entire acquisition process. Garbaccio highlights that the company’s value goes beyond providing capital. “We want to help clients from aircraft selection through closing—helping structure transactions, coordinating inspections, managing regulatory requirements, and navigating the many moving parts involved in an acquisition.”
By integrating both the aircraft and the financing solution, JB Aircraft Finance streamlines the process, creating efficiency and certainty for buyers and sellers. “Aircraft transactions are often won or lost based on certainty of execution. If you can provide both the aircraft and the financing solution, you create a much more efficient process for everyone involved,” Garbaccio says.
Building Relationships for Long-Term Success
With initial equity secured, JB Aircraft Finance plans to arrange a debt facility to increase its lending capacity and leverage future deals. The focus remains on building a robust pipeline of transactions and developing long-term partnerships with clients. “We view our clients as long-term partners. Their success ultimately drives our success. Our goal is to create win-win solutions that help owners and operators grow while building relationships that last well beyond a single transaction,” Garbaccio explains.
The company has already completed its first aircraft transaction and boasts a healthy deal pipeline expected to close in the coming months. Garbaccio sets ambitious yet realistic goals: “Ideally, in the next two to three years, we’d like to be at least in the 80 to 100 aircraft range. If we can achieve 15 to 20 aircraft in the first year, we’ll be quite happy with our results.”
Filling the Business Jet Financing Gap
The launch of JB Aircraft Finance represents a significant step forward in making business jet financing more accessible, flexible, and tailored to a wider range of operators and owners. By focusing on both institutional capital and personalized client service, the company is poised to fill critical gaps in the market—bringing speed, certainty, and flexibility to transactions that have long needed it.
As Garbaccio puts it, “The start is always the hardest part. But speed, certainty, and flexibility remain in short supply in parts of the market. We are confident JB Aircraft Finance can help fill that gap.”
This article is inspired by content from Original Source. It has been rephrased for originality. Images are credited to the original source.