20 May

FIRST NATIONAL CAPITAL ANNOUNCES $41.9MM FUNDING FOR COAL MINING COMPANY

FOOTHILL RANCH, Calif., (May 20th , 2021) – First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced a recent $41.9MM funding for a coal operation in Southern US. 

Keith Duggan, CEO of FNCC stated, “Quickly funding a large equipment package for a coal company in this environment is a challenge many lenders are unable to solve. Even as coal prices fell, and markets tightened FNCC sales and credit team worked diligently and accomplished this significant funding in a challenging market.”

Mr. Duggan further stated, “This transaction is an example of our commitment to dig deeper, find solutions where possible and get deals done.”

Across a wide variety of industries and asset classes, First National Capital Corporation supports mid-sized and large companies by providing competitive equipment financing across an extensive variety of business and credit situations. FNCC has deployed more than $2.95 Billion in capital to companies throughout the U.S. for equipment, project and aviation financing. For more information, please visit the First National Capital Corporation website at www.firstncc.com

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