nFusion Capital funded a $3 million factoring facility to a Texas-based manufacturer. The Company specializes in patented pocketed coil innerspring systems for the bedding and furniture industries, and the financing will provide the liquidity needed to support the company’s expansion and strategic growth initiatives.

Founded in 2001, the Company produces high-performance, recyclable spring units engineered for durability, comfort, and efficiency. Their customer base consists of regional and national mattress manufacturers such as Sealy and Serta, furniture producers, and boxed bed brands seeking customized, eco-friendly innerspring solutions. In addition to making the springs, the Company recently expanded into manufacturing the high-end coil-making machines for European mattress producers, an endeavor that required additional working capital to fulfill a growing pipeline of orders.

Referred by their CFO, nFusion Capital structured a tailored $3 Million facility leveraging the Company’s equipment, inventory and accounts receivable to maximize availability and flexibility. The customized financing allows the Company to take on new, larger orders and scale its machine production capabilities.

“We were pleased to utilize all three asset classes to provide the liquidity the Company needed,” said Brice Reid, Senior Vice President, Business Development. “It was rewarding to support an innovative engineering entrepreneur and help drive the company’s next phase of growth.”

With the new facility in place, the Company is poised to expand in a new direction, meet increased demand, and execute growth plans. In addition, having a stable funding partner has given the Company leadership peace of mind and fittingly, lets them sleep a little easier.