From Pulse 2.0 · Amit Chowdhry · · 1m
NFS Capital Expands Warehouse Credit Facility
NFS Capital closes $250 million warehouse credit facility with Fifth Third Bank, boosting total capacity to $800 million.
In brief
NFS Capital closes $250 million warehouse credit facility with Fifth Third Bank, boosting total capacity to $800 million. NFS Capital expands equipment financing capacity to $800 million by adding a $250 million warehouse credit facility with Fifth Third Bank. Originally reported by Pulse 2.0.
NFS Capital Announces New Credit Facility
NFS Capital, an independent equipment finance company headquartered in Beverly, Massachusetts, announced the closing of a $250 million warehouse credit facility with Fifth Third Bank, National Association.
Expanded Funding Capacity
The transaction establishes a new banking relationship and expands NFS Capital’s funding resources to support continued growth across its diversified equipment financing portfolio.
Total Capacity Increases to $800 Million
With the addition of the Fifth Third Bank facility, NFS Capital’s total bank facility capacity has increased to $800 million.
Financing for Business Needs
The expanded financing capacity provides the company with additional flexibility to support equipment acquisitions, technology investments, and other business-critical financing requirements for customers across the United States and Canada.
What to remember
NFS Capital expands equipment financing capacity to $800 million by adding a $250 million warehouse credit facility with Fifth Third Bank.
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