GovCon FC Completes $2.5MM Aircraft and Equipment Financing for Global A&D Contractor
MIAMI, FL., (May 3, 2021) – GovCon Funding Corporation, a Miami based strategic advisory and financial services company, dedicated to financing middle-market companies operating in the Aerospace and Defense industry, announced today that it has completed $2.5MM financing for rotary aircraft and ground support equipment. The aircraft acquisition and ground support equipment, in support of an international contract, ensures our client’s mission success with the ability to continually support their world-class portfolio of products.
GovCon Funding Corporation continues their commitment to deploy over $150MM of capital into the Aerospace and Defense sector during FY 2021, for mission critical aircraft and equipment that protects our Homeland.
"Combating today's airborne threat environment, through specialized pilot training, has never been more critical to securing our airspace. Domestic and international military contractors demand liquidity and capacity from their credit facilities. While many financial institutions will not support foreign contracts, GovCon Funding takes a different approach. We fund global military contractors in support of their mission."
- Thomas Panuzio, CEO, GovCon Funding Corporation
About GovCon Funding Corporation:
GovCon Funding Corporation ("GCFC") provides strategic advice, integrated funding solutions, and asset management services to government contractors in support of their federal contracts. GCFC provides funding platforms for manufacturers, suppliers and service providers operating within the aerospace, defense, energy, homeland security, transportation, and government service markets. GCFC integrates our advisory services group with our global lending group, and asset management services, to navigate the complexities and funding challenges associated with the government contracting process. Our Distressed Asset Redeployment Program (DARP) provides global financial institutions with the ability to transition non-performing loans off their balance sheet. GCFC provides our clients with direct access to commercial banks, debt sponsors, insurance companies, global investment firms, private equity firms, and privately held lending institutions. At GCFC we understand that it takes the right integration of financial products and strategic guidance to properly execute on a government contract.
STRATEGIC ADVICE | FEDERAL EXPERIENCE | FINANCIAL RESULTS