First National Capital Corporation Reports Over $100 Million in Third Quarter 2024 Fundings
IRVINE, Calif., October 9, 2024 – First National Capital Corporation (FNCC), a premier provider of commercial equipment and aviation financing, is pleased to announce a near-record $110 million in fundings for the third quarter of 2024, positioning the company well on track to achieve its ambitious annual goal. Keith Duggan, CEO of FNCC, stated, “In […]
FIRST NATIONAL CAPITAL CLOSES $24MM IN SPECIALIZED EQUIPMENT FUNDING FOR PUBLICLY TRADED HEALTHCARE COMPANY
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 […]
FIRST NATIONAL CAPITAL ANNOUNCES APPOINTMENT OF DARREN HIGUCHI, SVP CREDIT & CAPITAL MARKETS
IRVINE, Calif., (July 24, 2024) – First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced the appointment of Darren Higuchi to Senior Vice President of Credit & Capital Markets. Mr Higuchi is an accomplished industry veteran with 32-years of comprehensive leasing & equipment finance experience with his most recent […]
FIRST NATIONAL CAPITAL PROVIDES $65 MILLION CAPEX FACILITY TO NATIONAL TRANSPORTATION COMPANY
IRVINE, Calif., (July 10, 2024) – First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced the establishment of a $65,000,000 capex facility to fund the rolling stock acquisition needs of a national transportation company. The transportation company sought to modernize its fleet to enhance market competitiveness and provide customers […]
Happy 4th of July!
May your grills cook perfectly, your loved ones laugh a little more, and the fireworks shine a little brighter. And may we all remember the price paid so we can celebrate these liberties. Let freedom ring!
Unrealized Losses at Banks
While much was made over the poor risk management at SVB that led to inexplicably unhedged long-bond positions, most lenders understand that years of debt securities and assets priced well under today’s yields lead to a somewhat illiquid “hold-to-maturity” position for too much of the portfolio. Recent data shows the magnitude of the issue: Unrealized […]
Why Mid-Sized Food and Beverage Manufacturers Must Invest in Automation
In a recent study completed by Secured Research, only 17% of middle market food and beverage manufacturers were cutting capex spend going into 2024. An impressive 64% planned on increasing investments in automation by 20% or more in the next 24 months. Middle Market food and beverage manufacturers face the dual challenge of staying ahead of […]
CFO Consideration of Operating Leases: Q2/24 Survey Update and Three CFO Comments
More CFOs are open to considering operating leases for at least some capex items than at any time since 2005. Secured Research offers an update to the Q4/23 survey of more than 1,300 mid-sized company CFOs to reveal how the trend may be evolving. Percentage of CFOs Willing to Consider Operating Leases for Capex 1 Manufacturing […]
The Impact of Rising Rates, Struggling Efficiency Ratios, and Deposit Gathering Necessities on Credit Availability
A 525bp increase in rates in a little over year was bound to present consequences and challenges. This article serves as a primer surrounding these implications but also explores how today’s situation can tighten credit availability, negatively impact bank efficiency ratios and hinder deposit gathering, ultimately shaping the lending landscape. The Consequences of Rapidly Rising Interest […]
First National Capital Supports the American Red Cross Emergency Response Fund
First National Capital proudly supports the American Red Cross Emergency Response Fund. Please see the following message from Dianella Donner, Senior Regional Philanthropy Officer: Thank you very much for your incredible gift to the American Red Cross Emergency Response Fund. Powered by FNCC’s compassionate contribution, the Red Cross can provide care to survivors of large […]
