GovCon Funding Corporation announced it has completed funding of a $4.5 million transaction for corporate aircraft. The aircraft acquisition, in support of a U.S. Government contract, provides the company’s client with the capability to meet the first phase of deliverables on a five-year $50 million contract.

GovCon Funding Corporation in conjunction with its subsidiary GovCon Capital, LLC continues its mission and commitment to deploy over $150 million of capital into the aerospace, commercial aviation and defense sector during fiscal year 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 30 percent in 2021. That’s measurable value, and we deliver that every day to our global clients in the form of debt financing," said Thomas Panuzio, CEO, GovCon Funding Corporation.

GovCon Funding Corporation is a Miami, FL -based strategic advisory and financial services company, dedicated to financing middle-market companies operating in the aerospace and defense industry.