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News & Insights

First National Capital company announcements and insights on the economy, sectors, capital deployment, CapEx trends, and more.

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

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First National Capital Achieves Record Annual Funding Volume Of $448 Million

Irvine, Calif., (January 13, 2025) – First National Capital Corporation (FNCC), a leading provider of commercial equipment and aviation financing, proudly announces a record annual funding volume of $448 million for the year ending 12/31/24.  Keith Duggan, CEO of FNCC, commented on this significant milestone: “The year 2024 presented both opportunities and challenges for businesses across various sectors. While many lenders scaled back their operations, tightened credit criteria and in

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New Growth Enthusiasm and Capital Investment Trends in Oil and Gas for 2025

The oil and gas industry is at a crossroads, entering 2025 with renewed growth momentum and a dynamic investment landscape. Following a transformative year in 2024, marked by technological advancements, evolving financing strategies, and increased focus on sustainability, companies are poised to capitalize on new opportunities. The industry’s ability to navigate the energy transition while meeting global energy demands will depend on its adaptability and strategic approach to capital investments.

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Private Equity Firms Saving Millions in Tax While Investing in Growth: 3 Case Studies

Private equity firms face the ongoing challenge of enhancing the value of their portfolio companies while managing capital and cash flow. A highly effective strategy is leveraging tax benefits like bonus depreciation and Section 179 deductions to reduce costs on investments that drive growth. Strategic capital deployment into transformative technologies—such as manufacturing automation and IoT (Internet of Things)—not only boosts efficiency and scalability but also creates opportunities to save millions

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New Policies on Deck, Tight Credit Persists, Interest Rates Fall: Q4/2024 U.S. Oil & Gas Outlook and Capital Expenditure Implications

Introduction: A New Day Dawns With Donald Trump’s return to the White House, the U.S. oil and gas industry faces a powerful opportunity for expansion and transformation. The new administration’s pro-fossil fuel agenda is expected to slash red tape, fast-track permits, and provide the policy backing to propel aggressive growth across the sector. For oil and gas companies, this is a rare moment to supercharge their capital expenditure (CAPEX) strategies,

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How to Buy a $10,000,000 Jet for Less Than $8,000,000

For businesses considering private aircraft ownership, there’s more to gain than just the convenience of flying on-demand. Tax incentives for private aircraft purchases offer substantial savings that can offset costs, provide deductions against taxable income, and make private aviation more affordable. By leveraging bonus depreciation, companies can receive tax breaks that ultimately reduce the expense burden, freeing up capital for other business ventures or reinvestment. Let’s explore how these benefits

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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 the face of unique economic challenges, First National continues to thrive by leveraging our unmatched

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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 progress payment structure created a funding challenge for the company. First National Capital was able

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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 experience from California First Leasing Corporation / California First National Bank.  His areas of expertise

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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 with a contemporary, reliable, technology-enabled transportation experience. FNCC’s flexible financing solution aims to reduce costs

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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!

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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 losses on investment securities for banks jumped to $517 billion in Q1/24. This is $39

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