2018 was a whirlwind of deals with friends old and new. We ended the year strong, with our goal in 2019 to help even more middle market companies representing all industries across the U.S and Canada. CapX brings expertise, going beyond the boundaries of traditional financing options to provide capital for growing businesses.
Some of the highlights of 2018 included a burst at the end of the year amounting to over $10M in funding to three growing companies:
•When a former client spun off a new company manufacturing renewable industrial protein products derived from plants, CapX was the company’s first call to assist with $5M of equipment financing to scale the company's manufacturing capabilities.
•CapX funded $5M during the first nine months of 2018 for a healthcare services portfolio client and added a $4.3M equipment lease to their financing commitment when needed at year-end.
•When this waste hauler and recycler looked to refinance all of its debt, CapX provided a comprehensive term debt structure and amortization to consolidate its debts and leases to lower its monthly payments.