nFusion Capital hired Tree Buckingham as executive vice president and head of asset-based lending. With 30 years of experience in the secured finance industry, Buckingham was previously executive vice president of operations at Mountain Ridge Capital.
nFusion Capital hired Greg Dyson as senior vice president. In this role, Dyson will be responsible for accounts receivable financing, asset-based lending and loan originations as well as the development of client and referral relationships across the U.S.
William Brice Reid joined nFusion Capital as senior vice president, based in nFusion’s Dallas office. Reid will be responsible for receivables purchasing, asset-based lending and loan originations and developing client and referral relationships across the United States.
nFusion Capital sold its transportation factoring portfolio to a provider of factoring services for motor carriers and owner-operators.
nFusion Capital Finance entered into a multi-year senior bank facility with TAB Bank and participating banks Zions Bank and Pathward. The line more than doubles the size of the company’s existing revolving credit facility and supports the company’s long-term expansion strategy.
M&A Advisor selected nFusion Capital as a winner of the Restructuring Deal of the Year Award ($50 million to $100 million) for its role in the restructuring of an oil and gas equipment manufacturer.
nFusion Capital released its 2022 year-end results, which included building 156 new client relationships, purchasing $488 million in receivables and offering 193 lines of credit totaling more than $83 million.
PayUp, a Rex company, has partnered with Austin-based nFusion Capital. PayUp is a technologized early payment solution for small and medium-sized businesses ensuring convenient and affordable access to capital.
nFusion Capital released its third quarter results. nFusion Capital provided 39 new factoring, inventory finance and asset-based lending facilities during the third quarter of 2022 for an aggregate of $14 million and $102 million in receivables purchased.
nFusion Capital provided 39 new factoring, inventory finance and asset-based lending facilities during the third quarter of 2022 for an aggregate amount of $14 million.