nFusion Capital provided a $6 million asset based lending facility to one of the largest commercial sheet metal and roofing contractors in North America. The Company was recently sold to a strategic buyer, expanding its operational capacity and footprint from the East Coast to the Midwest. The financing will repay existing indebtedness, optimize its balance sheet and support the Company’s growth and acquisition strategy.

Headquartered in Illinois and founded in 1977, the ESOP-owned Company offers traditional architectural sheet metal roofing, the newest ground-breaking technology in membrane roofing, and green roofing products to commercial, industrial and institutional customers. Operations in its 100,000-square-foot facility include estimating, sales, drafting and engineering, project management, fabrication, and welding, as well as a full-time, in-house auto service center to maintain its fleet of delivery trucks and equipment.

The Company sought an asset based lending facility to recapitalize the business, support the company’s ongoing working capital needs and create capacity for two planned acquisitions. Referred to nFusion’s Senior Vice President of Business Development, Curtis Powell, by a consultant, nFusion Capital quickly structured a financing solution aligned with the Company’s near- and long-term growth objectives.

nFusion responded with a $6 million asset based lending facility that provides greater flexibility and available funds for acquisitions and growth, as well as increased borrowing capacity.

“Securing the asset based lending facility was a pivotal step in this client’s acquisition strategy,” said Curtis Powell, Senior Vice President, Business Development at nFusion Capital. “Their team was an engaged and responsive partner at every stage, and we were pleased to deliver guidance and a solution that enables them to move decisively and advance their growth objectives.”