First National Capital Ranks 6th Largest by Funded Equipment Volume in the U.S.
Foothill Ranch, California (PRWEB) April 20, 2015 -- The ranking of First National as 6th 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 delivered a 14.2% year over year growth in funded volume while posting a “best year ever” record of $242.00 million in funded volume for 2014.
Keith Duggan, President and CEO, stated, “We are extremely proud of our 2014 results.” Duggan went on to say, “Despite significant competition and some margin compression, our exceptional team of finance professionals delivered outstanding results once again. Many of the strategic initiatives we started back in 2013 paid large dividends in 2014. I could not be more proud of our people and more thankful for our loyal client base. With over $1.4 billion in fundings to date, First National has really hit its stride. We look forward to another very strong year in 2015.”
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, construction, manufacturing, energy and mining, transportation, technology, and Equity Sponsored Companies. First National’s unique capital structure allows for the ability to provide very competitive pricing to “A” credit profiles, as well as more challenging credit profiles.
For more information, please visit the First National Capital Corporation website at http://www.firstncc.com.
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Robert Hodgson - CFO, First National Capital, http://www.firstncc.com, 949-707-2070 Ext: 204, [email protected]
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