A partnership with NFS Capital provides financing for customers of Magellan Jets’ Challenger 850 fractional program.
Magellan Jets is partnering wth NFS Capital to provide financing for joiners of its nascent fractional ownership program.
The fractional program is based on Challenger 850 large cabin private jets.
Slate Aviation operates the aircraft.
Fractional owners also get access to other cabin categories as part of the flight provider’s jet card program.
NFS Capital provides qualified buyers with up to 90% financing.
A simplified underwriting process enables closings within just a few business days.
NFS Capital is an independent equipment finance company serving the U.S. and Canada.
Magellan Jets CEO Joshua Hebert says, “Our goal is to make aircraft ownership as seamless and rewarding as possible.”
He adds, “With NFS Capital’s tailored financing solutions, we’re empowering clients to secure the benefits of fractional ownership before year-end—without sacrificing time, flexibility, or financial efficiency.
Fractional owners can apply their allotted hours from their Challenger 850 share towards guaranteed access to the company’s Phenom 300, Challenger 350, and Gulfstream G450 jet card offerings at preferred rates.
The quick turnaround enables buyers to benefit from 100% bonus depreciation in 2025, potentially.