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Home Deal Announcements

nFusion Provides $5MM ABL Financing to Texas-Based Automation Company

A Texas-based automation company has secured $5 million in funding from nFusion Capital to unlock $50 million in frozen purchase orders and fuel its rapid expansion into new markets.

byRita Garwood
January 23, 2025
in Deal Announcements, News

A Texas-headquartered integration and automation company, known for transforming the commercial infotainment audiovisual (AV) experience, has secured $5 million in asset-based lending (ABL) financing. The funding, facilitated by nFusion Capital, positions the company to capitalize on its growing sales pipeline and expand into new commercial markets.

The company, which specializes in advanced control systems designed to streamline programming, simplify installation, and achieve significant energy savings, has seen rapid demand across key industries, including casinos, sports entertainment, casual dining, and fitness. Despite its strong growth trajectory, the company’s existing lender was unable to provide the necessary financing to meet rising demand, prompting a search for alternative solutions.

With $50 million in purchase orders frozen in its sales pipeline, the company’s owner, a seasoned entrepreneur respected in the industry, turned to nFusion for assistance. Brice Reid, senior vice president at nFusion, led the effort to secure a $5 million ABL facility.

This financing has unlocked critical liquidity for the company, enabling it to purchase inventory, scale its workforce, and take on new growth opportunities. By leveraging its intellectual property and growth potential, the company has positioned itself for long-term success in the competitive AV market.

“nFusion’s flexible financing was a game-changer for us,” said the company’s owner. “This funding allows us to not only fulfill current demand but also strategically invest in our future. We’re excited about what lies ahead as we expand into new markets and industries.”

The infusion of capital will enable the company to deliver on its commitment to innovation while meeting the needs of a growing roster of high-profile clients. With a proven track record and a unique value proposition, the company is poised for continued growth in 2025 and beyond.

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