CUSTOMER:

The company is a leading aerospace repair provider in the United States and Europe.

CHALLENGE:

The customer had a 10-day time frame to take advantage of their vendor’s discount on their new equipment purchase of $550,000. With each day presenting opportunity lost, the customer required speed, dedication, and accuracy from the entire First National team in order to get their deal documented and funded.

DONE DEAL:

First National deployed their operations, asset, and credit departments to work resolutely in parallel to achieve a successful close for the customer; the customer’s transaction was documented and funded within the 10-day time frame they requested.

With the private equity ownership relying on First National to accommodate the stringent timeline and their portfolio company to achieve a positive close, First National positioned themselves to earn this transaction, and future business opportunities with the company.

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