nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided a $3.5 million factoring facility to a Texas-based global IT contract staffing firm. The financing will refinance existing debt and support continued growth.
Following a period of strategic investment in new staff, market disruption from tariffs and a CFO transition, the company experienced margin pressure and reduced access to traditional bank financing, leading it to rely on higher-cost merchant cash advances for working capital.
A referral source introduced the company to nFusion Capital for a scalable financing facility better suited for business-to-business growth. Curtis Powell, senior vice president, business development, and his team stepped in and quickly closed a $3.5 million factoring facility in just 22 days, providing increased liquidity and lower cost of capital.
“Our approach strengthened the company’s financial position, boosted flexibility and enhanced capital efficiency,” Curtis Powell, senior vice president, business development at nFusion Capital, said. “With a strong operations team and a diversified services portfolio, the company is well-positioned for sustained growth. We were excited to help them recover from this perfect storm of events, giving them the financial runway they needed and supporting their next phase.”
The new facility exceeded the company’s previous bank line of credit and enabled the repayment of high-cost merchant cash advances. With improved cash flow, it is now positioned to pursue new client opportunities and take on additional projects with confidence.
