Equipment lender NFS scores $100M investment
Monroe Capital led equity investment
Monroe Capital has led a $100 million minority equity investment in NFS Capital, a provider of equipment finance and asset-backed loans to small and mid-sized businesses in the United States and Canada.
The deal was led by Monroe’s Specialty Finance division, which is part of its Alternative Credit Solutions Group, according to a July 8 Monroe release.
NFS Capital, formerly known as NFS Leasing, has deployed more than $1.5 billion in leases and loans. Beverly, Mass.-based NFS has built a diversified portfolio across industries such as manufacturing, healthcare, construction, IT and life sciences. It maintains deep roots in IT and digital infrastructure leasing.
“We are excited to partner with NFS Capital to support its next phase of growth in the large and high-demand equipment leasing market,” Kyle Asher, co-head of Monroe’s Alternative Credit Solutions Group, stated in the release.
Register here for the free Equipment Finance News webinar “Technologies to Advance Your Equipment Financing Business” set for Thursday, July 17, at 11 a.m. ET.
Proud Member Of
Check Out Our Industry Event
