Client: An established Arizona contractor provides commercial and residential glass as well as commercial wood and metal doors. Clients include large hotels, hospitals, office buildings and retail locations as well as residential clients requiring specialty applications in custom glass, mirrors and shower surrounds.

Situation: In the midst of an acquisition, the buyer required additional capital to complete the deal, however their existing bank does not lend in the construction industry. They referred the buyer to nFusion Senior Executive Vice President Alexandra Scoggin and the nFusion team, knowing they are construction industry experts and would understand the multi-faceted challenges involved.

Solution: $8 Million ABL Facility

“Acquisitions involve complex processes, and we were happy to help remove at least one obstacle for this company. It was a pleasure to support both this referring bank and their client who was acquiring a commercial glass and door seller. Our funding will enable them to complete the acquisition and maintain working capital for future growth,” said Alexandra Scoggin, Senior Executive Vice President.

Result: nFusion’s ABL facility enabled the buyer to complete the acquisition and will provide support for future working capital and strategic growth.  The nFusion facility can increase incrementally as the company’s needs evolve.