First National Capital, a full-service commercial equipment and aviation finance provider, closed a $56 million equipment financing facility for a privately held U.S.-based energy and mining company to refinance existing senior debt and enhance liquidity.
The transaction provided a complete capital solution by paying off a higher-cost note and the remaining funds for liquidity. This strategy aimed to strengthen the company’s balance sheet and support investments in ongoing operations.
First National Capital leveraged its expertise in energy and natural resources financing to create a facility that enhanced the client’s capital efficiency and financial flexibility.
“Our deep experience structuring large-scale, asset-backed financing enables us to deliver complex solutions that align with our clients’ long-term capital strategies,” Keith Duggan, CEO of First National Capital, said. “In this case, we executed a transaction that not only optimized the company’s capital structure but also ensured the liquidity needed to navigate market challenges and pursue new opportunities.”
