NFS Leasing, Inc. Extends Financing for Aura Energy Services to Support the Growing Demands of Solar PV Foundation Installations

Posted 02/24/2021

February 24, 2021  

BEVERLY, MA

NFS Leasing, an independent equipment financer, has provided $300K in financing to Aura Energy Services for Pile Driving equipment.  

With large scale Solar projects growing rapidly and a shortage of companies to drive posts to support the mounting, Aura set out to meet that demand. “We developed a solid business plan and needed to invest in equipment to support it. However, traditional financers could not align with our plan and would not fund the equipment we needed. It was frustrating, to say the least," shares Patrick Morgan, Chief Executive Officer and Founder of Aura Energy Services. 

"Opportunity was knocking at the door, contracts were lining up, and Aura needed a finance partner to help set them up to succeed.  A problem we solve each day," shares Brett Poteet, Vice President Business Development, NFS Leasing, Inc. "At NFS, we work to find finance solutions so businesses like Aura can get the equipment needed and get their plans in motion. We did just that."

Completing the finance agreement with NFS Leasing, Inc. has allowed Aura to expand its offering and leverage the technology to grow its business.  

To contact NFS Leasing, Inc. for a custom finance solution for your entrepreneurial and innovative business plans, visit their website here:  www.nfsleasing.com

ABOUT NFS LEASING, INC.

NFS Leasing is a privately held North American leader in Equipment Finance with more than 18 years of experience. NFS provides solutions supporting businesses and organizations with challenged credit, including early-stage, start-up & pre-revenue, financially distressed companies, and turn-arounds. NFS uses its own balance sheet capital and provides fast, flexible credit decisions. Since 2001, NFS Leasing is proud to have created thousands of jobs and infused almost $1,000,000,000 of capital into credit challenged firms, a segment of the economy that struggles to secure critically needed financing. Contact us today and tell us your story. www.nfsleasing.com

BOSTON HEADQUARTERS
900 Cummings Center Suite 226-U Beverly, MA 01915
Email us at info@nfsleasing.com

About AURA ENERGY SERVICES, LLC.

Aura Energy is headquartered in Houston, TX, servicing EPC's, Developers & Utility Companies nationwide. Current product/service(s) include solar pile/post installation & testing along with facility operations and aerial drone inspection services for power plants. Visit their website here: www.AuraEnrg.com

Contact:  Patrick Morgan
(480) 258-9543
patrick@auraenrg.com

 

 

Related Resource https://nfsleasing.com/
Related Resource https://auraenrg.com/
Author
Patty DiBello
Organization
NFS LEASING, INC.

Upcoming Events

October 24 - 26, 2021
San Antonio, TX

ELFA 60th Annual Convention

November 18, 2021
Virtual Event

Innovation Roundtable