Medical Transport
The Customer Medical Transport Company The Challenge The client was looking at alternative financing options outside of their traditional bank for additional ambulances that were needed to meet demand and grow their business. They needed 10-12 ambulances with a total cost between $1M and $1.5M for 2022 and again in 2023. Unfortunately, the advent of […]
Precast Concrete
The Customer Precast Concrete Contractor The Challenge The client was an extremely good credit with healthy cash flow and virtually no debt. They wanted to finance 5 cement trucks with the priority being the lowest possible interest rate. They had numerous other finance companies vying for their business due to strong credit Done Deal. First […]
Law Firm
The Customer Southeast US law firm The Challenge Client, who had a balloon coming up on an aircraft, had reduced income for several years from engagement as the lead attorney for plaintiffs in a multi-billion dollar class action suit against the US Government involving contaminated water on military bases in the SE US. Done Deal. […]
Plastics Mfg
The Customer Plastics manufacturer providing a suite of stackable storage bins. The Challenge Emerging from Chapter 11 three years prior to purchase by PE owner Large CAPEX requirement to meet existing customers’ new demand and attain profitability Rising resin costs further challenge margin profile Requested to leverage proprietary molds to generate working capital (an asset […]
Contract Drilling Company
The Customer The company provides contract drilling services to energy companies primarily in the Permian Basin in Texas and in the Oklahoma oil fields. The customer provides drill rigs on contract complete with labor, servicing and power based on a daily rate for the contract. The Challenge As oil industry conditions swiftly changed, bank support […]
Aviation: A BBJ VIP and A Foreign Parent Company
The Customer A leading fiberglass pool manufacturer in the United States, servicing both domestic and international markets, faced a challenge when they needed to upgrade their corporate jet. The company had grown exponentially, and their CEO required additional range and lift to expand their business. However, due to their non-US parent company and the owner’s […]
Medical Equipment Manufacturing
The Customer A medical equipment manufacturing company faced several challenges when it first approached First National Capital for funding. Despite having unique equipment such as fillers and cleaning rooms, traditional banks hesitated to finance their business. However, with the help of First National Capital, Quva Pharma was able to secure funding and continue to expand […]
Data Center
The Customer The customer is an International Data Center. This company uses its wide range of locations to help minimize ping for its customers around the world. This creates a challenge, as they continue to invest in more locations across the globe. The Challenge They were looking to maximize liquidity. They only had some domestic […]
Port Operator
The Customer Large Port Operator in the South East part of the US that loads and offloads containers onto cargo ships. The company engages in stevedoring and marine terminal operations on behalf of container shipping companies – these services include: lifting containers on and off customers’ vessels docked at the Port’s berths and short-term storage […]
Food Processing
The Customer Large food and beverage operation was seeking $42MM to expand with equipment and infrastructure in support of growing contracts with major retail outlets. The Challenge Acquiring equipment from 7 different vendors and managing project disbursements. Nearly $1B in Revenue, EBITDA positive, but DSCR below 1.0x Large customer concentrations Very fast turnaround with impending […]
