nFusion Capital, a provider of financing solutions to small and middle market companies in the construction industry, provided a $5 million asset-based lending facility to a Colorado-based specialty contractor in the commercial construction industry. The financing will support the company’s growing backlog of projects and fuel continued expansion.
When its existing bank facility could no longer expand to meet its growth needs, a consultant connected the company to nFusion Capital. The new asset-based lending facility is designed to maximize borrowing capacity, giving the company the financial blueprint to move forward on its project pipeline.
“Our financing will enable this leading specialty contractor to fulfill its project backlog and pursue new opportunities,” Alexandra S. Scoggin, senior executive vice president at nFusion Capital, said. “We are excited to partner with such a highly regarded contractor and help them reach their next growth stage.”
