First National Capital Ranks 8th Largest Independent Equipment Lease/Finance Company By Volume Funded In U.S.
Foothill Ranch, CA (PRWEB) April 21, 2014 -- First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced today that they have been ranked as the 8th largest independent equipment finance company in the United States. The ranking of First National as 8th largest by volume of funded transactions was established by The Monitor (http://www.monitordaily.com), a widely recognized and respected publication serving the equipment finance, leasing and banking sectors of the economy.
First National Capital delivered a 30.4% year over year growth in funded volume which was the highest funded volume in its history, while also turning in the company's best financial performance since inception. Keith Duggan President and CEO stated “I am very pleased to report this significant achievement and attribute these achievements to our collective efforts as a Team. Many of the changes in key management positions, as well as many new customer service focused initiatives are paying substantial dividends.”
“I am equally thankful for the confidence and trust that our customers have placed in us for their growing capital needs.” Duggan went on to say “We are deeply dedicated to the long-term development and success of our own people as well as the success of our clients. True partnerships are established only with win-win relationships.”
With offices in Foothill Ranch, California; Houston, Texas and Seattle, Washington, First National Capital Corporation provides cost-effective equipment finance and leasing solutions to a wide range of capital-intensive industries including aviation, oil and gas services, construction, transportation, manufacturing, mining and private equity sponsored companies. The Company’s unique capital structure allows it to provide an aggressive cost of funds to a very diversified range of credit profiles.
For more information, please visit the First National Capital Corporation website at http://www.firstncc.com.
Robert Hodgson - CFO, First National Capital, http://www.firstncc.com, 949-707-2070 Ext: 204, [email protected]
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