nFusion Provides $2.5MM Line of Credit to Kitu Life (Super Coffee)
nFusion Capital provided a $2.5 million ABL Facility for Kitu Life, also known as Super Coffee, a ready-to-drink coffee company headquartered in Austin, Texas.
nFusion Capital provided a $2.5 million ABL Facility for Kitu Life, also known as Super Coffee, a ready-to-drink coffee company headquartered in Austin, Texas.
nFusion Capital and Iron Horse Credit funded a $5.5 million line of credit to a wholesaler of kitchenware, chinaware and kitchen accessories. The financing will support the company’s working capital needs and provide a steady flow of capital during seasonal fluctuations in demand for its products.
nFusion Capital provided a $3 million ABL faciliy to a family-owned cabinetry and millwork company based in New Jersey.
nFusion Capital provided an $8 million factoring line for a mug and baby bottle distributor that, while preparing itself for a sale, needed short-term financing to clean up its balance sheet and provide working capital.
nFusion Capital assisted two apparel companies with factoring facilities designed to support growth trajectories.
nFusion Capital hired Daniel J. Karas as executive vice president of asset-based lending. Karas is responsible for spearheading the strategic expansion of the asset-based lending division.
nFusion Capital, a commercial finance company for entrepreneurs, has increased its junior capital credit facility to $17.5 million with Haversine Funding. The enhancements to its capital structure will support its exponential portfolio growth.
nFusion Capital extended a $2 million factoring line to Lone Star Pipe Services, a Texas-based, family-owned and operated business that needed working capital to purchase equipment and inventory, recruit skilled workers, meet payroll obligations, invest in advertising and more.
nFusion Capital hired award-winning sales executive Alexandra S. Scoggin as senior executive vice president. She will operate out of nFusion’s New Jersey and Los Angeles offices.
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.