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Home News

nFusion Capital Provides $2MM Factoring Line to Fuel Launch Lone Star Pipe Services

byBrianna Wilson
July 17, 2024
in News

nFusion Capital extended a $2 million factoring line to Lone Star Pipe Services, a Texas-based, family-owned and operated business specializing in industrial coatings that needed working capital to purchase equipment and inventory, recruit skilled workers, meet payroll obligations, invest in advertising and more.

Since the principal had worked with nFusion at his previous employer and appreciated the relationship that had been built, he wasted no time in reaching out to nFusion when he was ready to start his own business. The funding helped Lone Star launch and begin filling its project pipeline, giving the company a clear runway to swift growth. The principal anticipates rapid growth, billings in excess of $500,000 per week and an exciting future.

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