Light jets - typically seating 4–8 passengers with a range of 1,000–2,500 nm - are the most accessible entry point to business jet ownership. Aircraft such as the Cessna Citation CJ series, Embraer Phenom 100/300, HondaJet Elite and Pilatus PC-24 offer compelling economics and operating costs. Finance is widely available and relatively straightforward for recent aircraft.
The light jet market in the UK
The UK light jet fleet has grown significantly over the past decade. Pre-owned light jets typically trade between £1.5m and £7m, with recent single-pilot-certified types being particularly sought-after. Strong demand supports residual values, which in turn supports lender appetite.
Finance options for light jets
All mainstream aviation lenders are active in the light jet segment. Close Brothers, Barclays Aviation Finance, Shawbrook, Paragon and Wesleyan all consider light jet transactions from £500,000 upwards. Global Jet Capital is also active, particularly for newer or higher-value light jets.
Single-pilot certification - does it matter?
Most lenders treat single-pilot and two-pilot light jets the same way for finance purposes. Owner-pilot applicants may be asked to provide evidence of type rating and current medical.
Typical LTVs and terms for light jets
70–80% LTV is typical; Barclays and Paragon can achieve 80% on qualifying aircraft. Terms of 5–10 years are standard for light jets up to 15 years old. Older aircraft see shorter maximum terms.