nFusion Capital provided a $46 million factoring and inventory line of credit to a Texas-based multichannel marketing company. The flexible line of credit enables the company to consolidate debt, make payroll, purchase inventory and continue its growth trajectory.
To drive rapid expansion, the company employed a roll-up acquisition strategy, acquiring 16 businesses under a single platform. This left the company with numerous lending sources for its various acquisitions. Additionally, the company’s growth had been restricted by its bank line of credit, prompting a search for a more flexible capital provider.
The owner previously worked with nFusion Capital to finance an acquisition. The success of that earlier transaction provided the company with the confidence to bring its remaining business to nFusion Capital to continue executing its strategic growth plan.
