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 to execute quickly and
go beyond the limitations of traditional lending to exceed these
requirements while working within their existing covenant structure.
Gino
Sabeh, SVP of Sales, said, "At FNCC, we pride ourselves on forming true
partnerships with our clients, built on a deep understanding of their
industry needs and goals. Our collaboration with this company showcases
our expertise and commitment to delivering tailored financial solutions
that drive growth and innovation. By leveraging our industry knowledge,
we can provide strategic support and flexible capital options that
empower our clients to achieve their vision and stay ahead in a
competitive market."
Across
a wide variety of industries and asset classes, First National Capital
helps mid-sized and large companies with competitive equipment financing
across an extensive variety of business and credit situations. FNCC has
deployed more than $4B in capital to companies throughout the U.S. for
equipment, project, and aviation financing. For more information, please visit the First National Capital Corporation website at www.firstncc.com
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