nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided a $1 million factoring facility to a Georgia-based electrical contractor specializing in low-voltage building technology. The financing will support the company’s expanding project portfolio and position it for continued success.
Led by construction finance specialist Curtis Powell, senior vice president of business development, the nFusion Capital team quickly structured and implemented a $1 million factoring facility. The financing will provide the working capital needed to support project execution while enabling the company to pursue additional opportunities in a timely manner.
“This company has growth opportunities in the pipeline and an experienced management team in place,” Powell said. “With significant projects on the horizon, including large-scale infrastructure work, factoring will provide the liquidity needed to support execution and expansion. We are excited to help fuel their current momentum and support their longer-term goal to transition to an asset-based lending structure as the business continues to scale.”
