News & Insights - First National Capital Corporation

First National Capital Corporation Closes $20 Million Equipment Finance Facility for Major Agribusiness Expansion

IRVINE, Calif., (January 19, 2026) — First National Capital Corporation (FNCC), a full-service provider of equipment financing and project finance solutions, closed a $20 million equipment finance facility for a leading agribusiness company to support the expansion of its processing facility and significantly increase production capacity. The financing supported the completion of the largest single-site processing plant in the US, designed to approximately double the company’s processing throughput. The transaction

First National Capital Corporation Delivers $22MM Financing Solution for Packaging and Printing Company

First National Capital Corporation (FNCC), a full-service provider of commercial equipment and project finance, closed a $22 million in strategic financing for a leading packaging and printing company to support a transformative contract with a blue-chip customer. The client, a packaging and printing firm, faced challenges such as tight debt coverage at 1.2x, limited liquidity, and long lead times for capital investments. After securing a $22 million contract requiring new equipment,

First National Capital Closes $56MM Equipment Financing Facility for Energy and Mining Company

First National Capital, a full-service commercial equipment and aviation finance provider, closed a $56 million equipment financing facility for a privately held U.S.-based energy and mining company to refinance existing senior debt and enhance liquidity. The transaction provided a complete capital solution by paying off a higher-cost note and the remaining funds for liquidity. This strategy aimed to strengthen the company’s balance sheet and support investments in ongoing operations. First

First National Capital Celebrates Successful ESOP Termination with Initial $30.7 Million Employee Payout

IRVINE, Calif., (July 29, 2025) — First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, today announced the successful termination of its Employee Stock Ownership Plan (ESOP) effective December 31, 2024, marking a significant milestone after nine prosperous years. During this period, share values for ESOP participants increased by an exceptional 585%. As a result of the termination, 39 current employees and several past employees have

Construction Benefits: Building Advantage Through OBBB Tax Strategy

Construction’s Tax Renaissance: Multi-Faceted Benefits for Industry Growth The One Big Beautiful Bill Act delivers unprecedented opportunities for construction companies through multiple channels: immediate depreciation on equipment and vehicles, enhanced business interest deductibility for project financing, and lucrative opportunities to capitalize on clients’ Qualified Production Property (QPP) benefits. For construction enterprises ranging from specialty contractors to major industrial builders, these provisions can improve project margins by 15-25% while creating entirely

Manufacturing Benefits: Integrated Tax Strategy for Industrial Renaissance

The Perfect Storm: Stacking OBBB Benefits for Manufacturing Supremacy The One Big Beautiful Bill Act creates an unprecedented convergence of tax incentives specifically designed to revitalize American manufacturing. By combining Qualified Production Property (QPP) immediate depreciation, 100% bonus depreciation on equipment, immediate R&D expensing, and enhanced interest deductibility, manufacturing companies can achieve effective tax savings of 35-50% on comprehensive facility investments, fundamentally transforming the economics of domestic production and creating

R&D Expensing Restoration: Innovation Investment Revolution

The Return of Immediate R&D Deductibility: Transforming Innovation Economics The One Big Beautiful Bill Act’s restoration of immediate R&D expensing for domestic activities represents one of the most significant innovation incentives in decades. By allowing 100% first-year deduction of Section 174 costs through 2029, while maintaining 15-year amortization for foreign R&D, the legislation creates a powerful 93% first-year tax advantage for domestic innovation investment, fundamentally transforming the economics of research

Business Interest Deduction Enhancement: M&A and Leveraged Growth Strategy

The Return of EBITDA: Unlocking Higher Leverage Capacity The One Big Beautiful Bill Act’s restoration of EBITDA-based business interest deduction calculations through 2029 represents a transformative change for leveraged transactions and debt-financed growth strategies. By expanding the 30% limitation base to include depreciation, amortization, and depletion, the legislation increases deductible interest capacity by 25-60% for most companies, fundamentally improving M&A economics and enabling more aggressive capital allocation strategies. Technical Framework:

Qualified Production Property: Manufacturing Renaissance Through Tax Strateg

Unprecedented Incentives for Domestic Manufacturing Investment The One Big Beautiful Bill Act introduces Qualified Production Property (QPP) provisions that represent the most aggressive manufacturing incentives in decades. By allowing 100% first-year depreciation on qualifying production facilities, these provisions can reduce the effective cost of domestic manufacturing investments by 25-40%, fundamentally altering location decisions and investment economics for mid-sized and larger enterprises. Technical Framework: Understanding QPP Qualification Section 168(n) Requirements and

100% Bonus Depreciation & Section 179: Strategic Capital Deployment Under OBBB

The Return of Full Expensing: A Game-Changer for Capital Investment The One Big Beautiful Bill Act restores 100% bonus depreciation through 2029, fundamentally transforming the economics of capital investment for mid-sized and larger enterprises. Combined with enhanced Section 179 limits, these provisions create unprecedented opportunities for strategic capital deployment, delivering immediate cash flow benefits that can improve project IRRs by 200-400 basis points. Technical Framework: Understanding the Enhanced Provisions 100%

Unlocking Growth: How Private Credit Outmaneuvers Traditional Financing for Oil and Gas Capex

In an industry where capital fuels every move, mid-sized oil and gas operators face a relentless challenge: securing funds to sustain operations, chase growth, and adapt to a market that refuses to sit still. Commodity prices gyrate with global forces, while traditional financing—bank loans and public offerings—strains under the weight of today’s volatility. Enter private credit: a dynamic alternative that’s rewriting the playbook with its speed, flexibility, and custom-fit solutions.

Private Credit as a Catalyst: Accelerating Capex Deployment in an Uncertain U.S. Energy Market

The U.S. oil and gas sector remains a high-stakes arena as mid-sized operators navigate a landscape defined by persistent volatility. Commodity prices, shaped by global supply swings and domestic demand shifts, continue to test the resilience of these firms. Add in rising borrowing costs, inflationary pressures, regulatory flux, and geopolitical wildcards, and the instinct might be to batten down the hatches—hoarding cash until clarity emerges. Yet, history proves that the

Solutions for the Capital Events Driving Your Business

Financing Capabilites Beyond the Limits of Traditional Lending

Industry Specialities

Aviation

Construction

Food & Beverage

Healthcare

Manufacturing

Mining

Oil and Gas

Private Equity

Data Center & Technology

Packaging & Printing

Transportation & Logistics

Equipment Sellers & Renters

Learn More About
First National Capital