Madison Capital Partners with NextGen GA Fund to help finance NextGen Installations

By: Madison Capital
 
 
Madison Capital_Corporate ID_Web_160x160
Madison Capital_Corporate ID_Web_160x160
OWINGS MILLS, Md. - March 12, 2014 - PRLog -- Owings Mills, MD- Madison Capital, a leading provider of equipment and commercial vehicle financing solutions, is pleased to announce their partnership with Nexa Capital and the NextGen GA Fund. The NextGen GA Fund is a public-private partnership formed between the U.S. Congress, the aerospace industry and the private-sector investment community. The Fund will help modernize the general aviation fleet, benefiting tens of thousands of pilots and owners and increasing aircraft value along the way.

Madison Capital will serve as a financing partner with The NextGen GA Fund which will finance NextGen installations, using stipulated equipage families to include WAAS-capable GPS, ADS-B In, ADS-B Out, RNAV/RNP avionics, data communications, SWIM, flat panel displays, antennas, electronic components, instrument panel modifications, installation and certification costs.  “Madison Capital is very excited to join with The NextGen GA Fund as a financing partner. The Fund will enable the retrofit of tens of thousands of general aviation aircraft and assist pilots and aircraft owners in overcoming financial challenges to completing these mandated safety-enhancing installations ,” said Allan Levine, President, Madison Capital.

For more information about the NextGen GA Fund, visit www.nexacapital.com or visit booth No. 119 in the exhibit hall during the AEA International Convention & Trade Show, March 12-15, in Nashville, Tenn., at the Gaylord Opryland Convention Center.

About Madison Capital, LLC.

Madison Capital has over 40 years of expertise in commercial equipment financing and leasing and is a direct funding source for most types of business equipment and vehicles.  Madison provides its financing services throughout the U.S., Canada, and Puerto Rico. In addition, Madison offers loan portfolio servicing capabilities concentrating on firms looking to outsource their billing and collection functions. For more information, please visit www.madisoncapital.com or call 800-733-5529.

About the NextGen GA Fund

The NextGen GA Fund LLC is managed by the NEXA General Partnership and Management Company. This Fund was formed by NEXA Capital Partners LLC, which provides specialized transaction-focused services including business advisory, capital planning, corporate finance and investment banking for the aerospace sector. With offices in Washington D.C., NEXA also works closely with government and industry organizations that drive regulatory requirements so important for the aerospace and airline sectors. For more information, visit www.nexacapital.com.

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Source:Madison Capital
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Tags:Leasing, Financing, Equipment Leasing
Industry:Business, Financial
Location:Owings Mills - Maryland - United States
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