Contact

4855 Technology Way, Ste. 500
Boca Raton, FL 33431

P: (877) 897-3223
F: (561)623-1916
W: www.firstcapital.com

Management

  • Laura Smith: Marketing Director
  • R. Lee Wilson : Chairman & CEO
  • Gerard Hanabergh : Executive VP and Chief Credit Officer
  • John Caroselli : Executive VP and Chief Development Officer

Summary

Florida-based First Capital is a specialist in asset-based finance and factoring. The company provides working capital ranging from $2 million to $25 million. Most companies qualifying for First Capital financing are small-to-mid-sized companies with annual sales ranging from $10 million to $250 million. Clients tend to be B2B companies in manufacturing, wholesale, distribution or business services. First Capital financing includes:

  • Asset-based financing. The company structures revolving lines of credit ranging from $2 million to $25 million.
  • Factoring. Traditional factoring enables clients to borrow against their outstanding invoices. Financing is provided as revolving lines of credit, which typically range from $2 million to $25 million. 
  • Invoice purchasing. Transactions start at $200,000, based on outstanding accounts receivable invoices. Eligibility is limited to companies with annual B2B domestic sales ranging from $1 million to $100 million.
First Capital also offers bank receivables management and receivables asset monetization programs.

Size of Loans

  • Up to $250,000
  • $250,000 - $1,000,000
  • $1,000,000 - $5,000,000
  • $5,000,000 - $15,000,000

Available Financing

  • ABL
  • Accounts Receivable Financing
  • Factoring Non-Recourse
  • Factoring Recourse

Industries

  • Automotive
  • Construction/Contracting
  • Energy
  • Food
  • Manufacturing
  • Staffing
  • Steel
  • Technology
  • Transportation
  • Other

Recent Transactions

BorrowerIndustryAmount (M)QuarterYear
Lee Masonry ProductsManufacturer/Masonry Products16.612013
Crash Rescue Equipment ServiceRemanufacturer/Fire, Rescue Trucks7.512013
Valley Oil CompanySupplier/Fuel6.812013
Master Tile NetworkDistributor/Pool Tiles3.012013
Transportation Agent GridProvider/Package, Freight Delivery Services3.042012
Lalani SteelDistributor/Steel7.042012
California TrusFrameManufacturer/Trusses, Wall Panels12.832012
AnpesilWholesaler/Candy, Cookies, Groceries8.532012
Global Granite & MarbleSupplier/Natural Stone4.032012
Energy Services Internationalprovider/Marine, Drilling Systems Solutions4.822012
Omni Valve CompanyProvider/Valve Solutions9.022012
John B Rudy CompanyDistributor/Wire, Cable, Related Connectivity Products9.522012
Brady Distributing Co.Distributor/Arcade, Vending Machines8.012012
Butler-JohnsonDistributor/Premium Surfacing Solutions7.812012
Gardner Glass ProductsProducer/Mirror, Glass Products7.512012
Samtex FabricsWholesaler/Fabrics7.012012
Help RemediesDistributor/OTC Pharmaceutical Solutions2.512012
Edge AdhesivesManufacturer/Specialty Tapes, Sealants, Adhesives4.042011
Cady Bag CompanyManufacturer/Agricultural, BOPP Packaging2.832011
KentecDistributor/Power Tools, Fasteners4.032011
First American Title Loans of GeorgiaProvider/Loans6.032011
Bartash PrintingProvider/Commercial Printing8.032011
First Service NetworksProvider/Facilities Maintenance, Repair10.032011
United Pipe & SupplyDistributor/Water Pipes, Meters16.022011
Madison KippProducer/Precision Machined Components, System Subassemblies13.212011
ResCom EnergyProvider/Electricity (CT)5.022010
Woodbolt InternationalManufacturer/Sports Nutrition Supplements1.522010
Bailey Street Holding CoManufacturer/Accent Furniture3.042009
The Swan CorpManufacturer/Fiberglass Products9.232009
Master Packaging IncManufacturer/Polyethylene, Polypropylene Products7.512009
Mansfield Plumbing Products LCCProvider/Bathroom Fixtures28.012009
Meade Instruments CorpManufacturer/Telescopes, Optical Products10.012009
Equipment Management Technology IncLessor/Electronic Testing, Measurement Equipment22.042008
Reed's IncMaker/Natural Sodas2.032008
Fleetwood Folding Trailers IncManufacturer/Folding, Camping Trailers12.532008
AeroGrow International IncManufacturer/AeroGarden Products14.522008
Ygnition Networks, Inc.Provider/Broadband services20.012007