NFS Leasing Provides $300K in Equipment Financing for Aura Energy Services

NFS Leasing, an independent equipment finance company, provided $300,000 in financing to Aura Energy Services for pile driving equipment.

Headquartered in Houston, Aura Energy Services works with EPCs, developers and utility companies nationwide with products/services that include solar pile/post installation and testing along with facility operations and aerial drone inspection services for power plants. The company aims to meet the growing demand for large scale solar projects. Completing this financing agreement with NFS Leasing will allow the company to expand its offerings and leverage technology to grow its business.

“We developed a solid business plan and needed to invest in equipment to support it. However, traditional financers could not align with our plan and would not fund the equipment we needed. It was frustrating, to say the least,” Patrick Morgan, CEO and founder of Aura Energy Services, said.

“Opportunity was knocking at the door, contracts were lining up and Aura needed a finance partner to help set them up to succeed, a problem we solve each day,” Brett Poteet, vice president of business development for NFS Leasing, said. “At NFS, we work to find finance solutions so businesses like Aura can get the equipment needed and get their plans in motion. We did just that.”

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