nFusion Capital provides $6m ABL facility for expansion

nFusion Capital has provided a US$6 million asset-based lending (ABL) facility to a major commercial sheet metal and roofing contractor, supporting the company’s recapitalisation and planned expansion following its sale to a strategic buyer.

The Illinois-based manufacturer – an ESOP-owned business founded in 1977 – is among the largest commercial sheet metal and roofing contractors in North America. Its operations span architectural sheet metal roofing, membrane roofing technologies, and green roofing products for commercial, industrial, and institutional markets. The company’s 100,000-square-foot facility houses estimating, sales, engineering, drafting, project management, fabrication, welding, and an in-house service centre that maintains its delivery fleet.

According to nFusion Capital, proceeds from the ABL facility will refinance existing debt, strengthen the company’s balance sheet, and help fund two planned acquisitions as part of a broader growth strategy. The firm was referred to nFusion through a consultant before the lender structured the financing package.

“Securing the asset-based lending facility was a pivotal step in this client’s acquisition strategy,” Powell said in a statement.

“Their team was an engaged and responsive partner at every stage, and we were pleased to deliver guidance and a solution that enables them to move decisively and advance their growth objectives.

nFusion Capital noted that the transaction reflects rising demand for customised working-capital solutions among established companies with complex capital requirements. With the credit facility in place, the contractor is positioned to pursue acquisitions and support ongoing working-capital needs, the lender said.