IRVINE, Calif., (September 4, 2024) – First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced the establishment of a $24,000,000 Equipment Financing transaction to help fund various specialized manufacturing assets of a publicly traded healthcare company.
An accelerated 45-day period for decisioning of a complex capital need requiring a long progress payment structure created a funding challenge for the company. First National Capital was able to execute quickly and go beyond the limitations of traditional lending to exceed these requirements while working within their existing covenant structure.
Gino Sabeh, SVP of Sales, said, “At FNCC, we pride ourselves on forming true partnerships with our clients, built on a deep understanding of their industry needs and goals. Our collaboration with this company showcases our expertise and commitment to delivering tailored financial solutions that drive growth and innovation. By leveraging our industry knowledge, we can provide strategic support and flexible capital options that empower our clients to achieve their vision and stay ahead in a competitive market.”
Across a wide variety of industries and asset classes, First National Capital helps mid-sized and large companies with competitive equipment financing across an extensive variety of business and credit situations. FNCC has deployed more than $4B 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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