nFusion Capital recently provided a $20 million asset-based lending facility to support a vertically integrated manufacturer of garden products' growth strategy. The Company’s products include hand trucks, trailer carts, lawn spreaders, non-powered wheeled garden products, hammocks, sport bags, and a variety of other consumer and OEM products. Founded in 1946, the Company is headquartered in California with sales offices and manufacturing plants across the United States.

With limited time and an urgent need for capital just before their peak selling season, the Company was referred to nFusion Capital by its incumbent lender — highlighting a trusted, longstanding relationship between the two financial services firms. Recognizing the time-sensitive nature of the request, nFusion Capital mobilized its ABL team to structure and fund a solution rapidly.

Within a week, nFusion’s flexibility, speed, and creativity enabled them to close the transaction seamlessly, ensuring the Company could capitalize on seasonal opportunities to boost sales and profitability.
 
“I am excited to have the opportunity to fund this rapidly growing garden equipment company with deep roots in manufacturing,” said Alexandra S. Scoggin, nFusion Capital Senior Executive Vice President. “This capital will support their continued expansion and enable them to build inventory ahead of peak seasonal needs.”
  
The transaction demonstrates nFusion Capital’s commitment to responsive, relationship-driven lending, enabling entrepreneurial businesses to seize growth opportunities with confidence and speed.