nFusion Capital recently provided a $10 Million asset-based lending facility to a supply chain company supporting the aviation aftermarket industry. Founded in 2002 and based in Arizona, the Company acquires retired aircraft, disassembles the planes, and distributes the salvaged components as well as complex systems, engines, and repair solutions to airlines, leasing companies, MROs, original equipment manufacturers, and resellers worldwide. The funding will be used to refinance existing indebtedness and support the Company’s growth plan.
With limited time and an urgent need for capital to complete significant inventory acquisitions, the Company was referred to nFusion Capital by its incumbent lender, highlighting a trusted, longstanding relationship between the two firms. Recognizing the time-sensitive nature of the request, nFusion Capital mobilized its team to structure and fund a solution rapidly.
“Our current financing structure enables this aerospace aftermarket company to continue acquiring inventory to support its expansion,” said Alexandra S. Scoggin, nFusion Capital Senior Executive Vice President. “Thanks to our smooth and seamless process, we were able to step in quickly with no disruptions to their business.”
The transaction enabled the Company to purchase decommissioned airplanes, build inventory, and continue its upward growth without funding disruption.