nFusion Capital, a provider of financing solutions to small and middle-market businesses, provided a $7 million asset-based facility to a Los Angeles-based sheet metal contractor within a short time frame. The funding will support working capital needs for the company’s robust project pipeline and future growth.
Despite consistent growth, the company needed additional working capital to keep pace with expanding demand. Complicating matters, its prior lender requested a rapid transition to a new financing partner, setting a compressed timeline for completion. Based on its reputation for speed and flexibility, the lender recommended nFusion Capital.
nFusion structured a facility designed to scale with the company’s receivables and project backlog, providing immediate liquidity while supporting future expansion. The transaction — including field exam and inventory appraisal — was completed in record time.
“nFusion’s speed and underwriting expertise allowed the company to transition seamlessly while meeting a challenging bank deadline,” Alexandra Scoggin, senior executive vice president of nFusion Capital, said. “The ongoing financing will support the company’s project backlog and continued growth through 2026, and we are excited to be a part of their success.”
With this facility in place, the company is positioned to take on larger projects, execute its existing backlog, and pursue new opportunities with confidence.
