GovCon Funding Corporation Completes $4.5MM Corporate Aircraft Financing
MIAMI, FL., (August 31, 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 funding of a $4.5MM transaction for corporate aircraft. The aircraft acquisition, in support of a U.S. Government contract, provides our client with the capability to meet the first phase of deliverables on a five-year $50MM contract.
GovCon Funding Corporation in conjunction with its subsidiary GovCon Capital, LLC continues its mission and commitment to deploy over $150MM of capital into the aerospace, commercial aviation, and defense sector during FY 2021, for mission-critical aircraft and equipment that protects the United States and its allies.
"Our team's expertise in creating an OCONUS credit facility for non-traditional assets will drive our client’s growth by nearly thirty percent in 2021. That’s measurable value, and we deliver that every day to our global clients in the form of debt financing."
- Thomas Panuzio, CEO, GovCon Funding Corporation