nFusion Capital provided a $3 million factoring facility to a Utah-based commercial facility maintenance and snow removal services company. The financing will support the Company’s growth initiatives and customer acquisition strategy as it enters its peak winter season.

Based in Utah, the Company provides year-round, one-stop services including snow and ice management, facility maintenance, and landscaping. Its diverse client base includes retailers such Ashley Furniture and Walmart, as well as property management firms and multi-family apartment complexes. The Company employs 120+ full-time staff, scaling up to 250+ W-2 employees during peak snow season to meet seasonal demand. 

Following the resolution of lengthy legal challenges that had negatively impacted revenue and profitability, the Company has returned to positive cash flow and begun rebuilding its customer base. With renewed momentum and projected growth ahead, management sought a flexible financing partner to support expansion and working capital needs. The Company anticipates a return to profitability by the end of the snow season and was introduced to nFusion Capital through a trusted referral partner.

“This Company is a perfect example of why nFusion is the right choice for so many in the trades,” said Jesse Baer, Senior Vice President, nFusion Capital. “We were lucky enough to be introduced to an amazing ownership group that had stuck with their portfolio company through an intense period of legal hardship and financial difficulty, only to come out the other side with limited optionality in the capital markets. Faced with significant growth potential and tight liquidity, we were able to provide the necessary working capital in advance of their busy winter season.”

Baer and his team quickly structured a $3 million factoring facility, giving the Company the runway they need for a fresh start. The funding will enable them to rebuild the business, continue to bid on and perform larger and larger jobs, and accelerate their customer acquisition on a larger scale.

Baer added, “We look forward to watching this company complete their turnaround and achieve new levels of success with the confidence of having a steady working capital partner.”