Construction company signs for $21.7 million finance

First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced it has financed $21.7 million in construction equipment and crane acquisitions for the largest alternative energy construction company in the US.

Keith Duggan, CEO of FNCC, stated: “We worked closely with the client’s various equipment suppliers to ensure deposits and progress payments were made in a timely fashion, which insured they did not lose equipment to other customers and retained their position in the production cycle. Our team was able to build a unique solution by offering higher advance rates, early buyout provisions, longer amortizations, and tax lease structures.”

FNCC has deployed more than $1.8 billion in capital to companies throughout the US for equipment, project and aviation financing.