Irvine, CA, November 5, 2025 – First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced the closing of a $56,000,000 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. Despite challenges in the commodity cycle, FNCC leveraged its proven expertise in energy and natural resources financing to create a facility that enhanced the client's capital efficiency and financial flexibility.

Keith Duggan, CEO of FNCC, stated, "Our deep experience structuring large-scale, asset-backed financing enables us to deliver complex solutions that align with our clients' long-term capital strategies. In this case, we executed a transaction that not only optimized the company's capital structure but also ensured the liquidity needed to navigate market challenges and pursue new opportunities."

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Across a wide range of industries and asset classes, First National Capital consistently delivers competitive equipment financing solutions to mid-sized and large companies across a wide range of business and credit situations. FNCC has deployed more than $4.5B in capital to companies throughout the U.S. for equipment, project, and aviation financing.

For more information, please visit www.firstncc.com.