The Customer
The customer is a natural gas company with strong growth plans.
Challenge
The company experienced extreme revenue volatility, climbing rapidly from $20 million to $50 million, only to return to $20 million within a two-year span. This instability created uncertainty for both internal operations and external capital partners.
Despite being in advanced discussions for a private equity sale, the business needed immediate access to capital to cover milestone-based purchases critical to maintaining operational momentum and valuation ahead of the potential transaction.
Done Deal
FNC structured and approved a tailored $5.8 million total financing solution—$4.8 million for high-output industrial generators and $1 million for a fleet of service trucks—ensuring the company could meet upcoming project demands and support its infrastructure.
The financing included strategic buyout flexibility, allowing for early settlement in the event of a successful acquisition, a key advantage during M&A diligence and negotiations.
Direct vendor payments were arranged to streamline execution, eliminate delays, and preserve working capital, giving the company the liquidity it needed to navigate near-term goals while keeping long-term options open.
