FNCC is pleased to welcome our new Clients.

FNCC maintains its commitment to providing reliable working capital solutions for small to mid-sized companies. Our experienced team combined with a creative approach, competitive product offerings, and proficient execution leads us to successfully provide solutions for our clients.  The following represents a sample of our recent Successes.

Healthcare Staffing Company

$5,000,000

ABL Line

Southeast Region

After a recent change in ownership, this southeastern headquartered Healthcare Staffing firm was seeking a line of credit to support their operations and growth.  The new line of credit will provide the working capital required for the company to execute on their expansion initiatives.

Specialty Cheese Manufacturer

$1,250,000

AR Factoring Line

Northeast Region

Provide working capital to support revenue growth.

Behavior Analytics Firm

$1,500,000

Asset Based Line of Credit

Northeast Region

Replace the existing lender, provide a larger credit facility and improve the borrowing availability to support the growth of the company.

IT Services Contractor

$2,000,000

Asset Based Line of Credit (Earned but Unbilled AR)

Western Region

Payoff existing bank line and provide ongoing working capital. 

Custom Metal Fabricator

$1,500,000

AR Factoring Line

Southeast Region

Payoff the existing lender and provide on-going working capital. 

Millwork Manufacturer

$1,250,000

Asset Based Line of Credit

Northeast Region

Payoff the existing bank line of credit and provide on-going working capital.

Air Transportation Firm

$2,000,000

AR Factoring Line (Earned but Unbilled AR)

Southeast Region

Federal government contractor financing to payoff existing lender and provide additional on-going working capital.

Oil & Gas Service Firm

$750,000

AR Factoring Line

Southwest Region

Early stage company, provide growth capital.

Medical Staffing Firm

$2,000,000

AR Factoring Line (Earned but Unbilled AR)

Northeast Region

Payoff tax obligation and provide on-going working capital.

Plastic Container Manufacturer

$5,000,000

Asset Based Line of Credit (AR, INV & Term)

Western Region

Payoff current lender and provide on-going working capital.

Industrial Piping Distributor

$800,000

Asset Based Line of Credit (AR & INV)

Mid-Atlantic Region

Payoff existing bank line and provide on-going working capital.

Appliance Distributor

$1,000,000

AR Factoring Line

Southwest Region

Provide growth capital for expanding federal government contractor business.


Training and Consulting Firm

$1,500,000

AR Factoring Line

Mid-Atlantic Region

Federal government contractor financing to payoff current bank line and provide on-going working capital.

Flooring Materials Distributor

$2,500,000

Asset Based Line of Credit

Northeast Region

Payoff existing bank loan and provide growth capital.

Distributor Cyber Solutions

$4,000,000

Asset Based Line of Credit

Mid-Atlantic Region

Provide a larger, more flexible credit facility.

Garment Manufacturer

$2,000,000

Asset Based Line of Credit (AR & INV)

Southeast Region Region

Payoff existing bank line and provide on-going working capital.

Sports Accessories Manufacturer

$1,500,000

AR Factoring Line

Southeast Region

Early Stage Growth, provide on-going working capital.

Cyber Security Firm

$3,000,000

Asset Based Line of Credit

Mid-Atlantic Region

Provide on-going working capital.

Oilfield Services Company

$750,000

AR Factoring Line

Southwest Region

Early stage growth, provide on-going working capital.

Apparel Manufacturer

$2,500,000

Asset Based Line of Credit (AR & INV)

Southeast Region

Refinance current debt and provide additional on-going working capital.

Consulting & Project Mgmt Firm

$6,000,000

Asset Based Line of Credit

Southeast Region

Acquisition and on-going working capital financing.

IT & Security Services Company

$500,000

AR Factoring Line

Western Region

Refinance debt and provide on-going working capital.

Video Engineering Service Firm

$4,000,000

Asset Based Line of Credit

Northeast Region

Acquisition and on-going working capital financing.

IT & Data Storage Firm

$3,000,000

AR Factoring Line

Mid-Atlantic Region

Refinance bank debt and provide on-going working capital.

Drill Bit Manufacturer

$3,000,000

Asset Based Line of Credit (AR & Term)

Southeast Region

M&E Term Loan, on-going working capital financing.

Automation Testing Firm

$750,000

AR Factoring Line

Northeast Region

Early stage, provide on-going working capital.

Healthcare Staffing Firm

$1,500,000

AR Factoring Line

Northeast Region

Refinance bank debt and provide on-going working capital.

Tank and Cylinder Distributor

$4,000,000

AR Factoring Line (AR & INV)

Western Region

Refinance current debt and provide on-going working capital.

Staffing & Consulting Firm

$2,500,000

Asset Based Line of Credit (Unbilled AR Sub-Limit)

Southeast Region

Refinance bank debt, serving commercial accounts.

Management Consulting Firm

$250,000

AR Factoring Line

Northeast Region

Refinance bank debt, serving commercial accounts.

IT & Engineering Firm

$4,000,000

AR Factoring Line

Western Region

Refinance bank debt, serving government and commercial accounts.

IT Services Company

$1,500,000

Asset Based Line of Credit

Mid-Atlantic Region

Growth financing serving commercial accounts.

Auto Parts Manufacturer

$5,500,000

Asset Based Line of Credit (Inventory, M&E Term Loan)

Southeast Region

Automotive parts supplier seeking to refinance current debt and create additional working capital. After emerging from bankruptcy in 2014, the company is recovering financially. This comprehensive credit facility will provide the necessary working capital to support the company's objectives.

Health Science Service Firm

$2,000,000

AR Factoring Line

Mid-Atlantic Region

The company was seeking to pay off the bank and obtain an ongoing working capital credit facility. A strong customer base and history of performing collateral supported an aggressive advance rate on the accounts receivable. The combination of reduced expenses and increased revenues has the company back on track toward profitability.

Health Information & Technolgy

$8,500,000

Asset Based Line of Credit (Earned but Unbilled AR)

Southeast Region

The company was seeking to restructure their existing financing on a short timeline. A creative structure, including a substantial Earned but Unbilled Sub-limit, was key to providing the liquidity necessary to meet the payoff deadline and provide an ongoing working capital solution. 

Technology & Education Firm

$3,500,000

AR Factoring Line

Mid-Atlantic Region

The bank was unwilling to provide this 22 year old non-profit an increase to their current line of credit.  New contracts presented an opportunity for growth; the company needed additional working capital. Upon receiving the referral from the bank, the new credit facility was underwritten, closed and funded in less than two weeks. The company now has a credit facility that will meet their needs and support growth.