Client: Headquartered in Texas, this integration and automation company revolutionized the commercial infotainment AV experience by making advanced control systems accessible and easy to use for both integrators and end users, with a focus on streamlined programming, ease of installation, and significant energy savings. The Company’s owner is a successful entrepreneur who has successfully built multiple companies and is well respected in the industry. With a unique value proposition, the owner sought to expand into new commercial markets.
Situation: With an exploding sales pipeline of leading brands in the casino, sports entertainment, casual dining, and fitness industries, the Company sought additional financing from its existing lender. The bank was unwilling to increase its line of credit or provide access to additional working capital. Understanding the value of the Company’s intellectual property, book of business, and growth potential, a financial advisor referred them to nFusion Senior Vice President Brice Reid.
Solution: $5 Million Asset Based Lending Facility
Result: nFusion’s flexible financing enabled the Company to fulfill over $50 million of purchase orders frozen in its sales pipeline. The additional liquidity allowed them to purchase inventory, invest in additional payroll, and take on more growth opportunities for long-term success.