nFusion Capital provides $3m ABL facility to Texas-based manufacturer

nFusion Capital, a financing provider serving small and middle-market businesses, has funded a $3 million asset-based lending facility for a Texas-based manufacturer specialising in pocketed coil innerspring systems for the bedding and furniture industries.

The financing will support the company’s expansion and strategic growth initiatives, including scaling production and meeting increased demand from both domestic and international customers.

Founded in 2001, the manufacturer produces high-performance, recyclable spring units used by major mattress brands such as Sealy and Serta, as well as furniture makers and boxed-bed companies. The firm has also recently entered the coil-making machinery market, developing equipment for European mattress producers, an initiative that has driven the need for additional working capital.

The transaction, referred to nFusion Capital by the company’s chief financial officer, was structured to leverage multiple asset classes, including equipment, inventory, and accounts receivable, to maximise liquidity and flexibility.

“We were pleased to utilise all three asset classes to provide the liquidity the company needed,” said Brice Reid, Senior Vice President of Business Development at nFusion Capital.

“It was rewarding to support an innovative engineering entrepreneur and help drive the company’s next phase of growth.”

The new $3 million facility will allow the manufacturer to fulfil a growing pipeline of orders, invest in machinery production, and expand into new markets. Company leadership said the financing provides a stable foundation for executing growth plans and responding to increasing demand in the bedding industry.