First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, announced record fourth-quarter capital deployment of $180 million and a record $371 million for the year.
Keith Duggan, CEO of First National Capital, said, “2020 offered no shortages of challenges for our clients. Everyone’s forced adaptation to a pandemic, urgent shifts in strategy and market focus enabled FNCC to continue meeting the unique capital and liquidity demands of our clients through a prolonged period of uncertainty. Our team was able to adapt quickly and fill the ‘capital gaps’ that many of our clients experienced during this difficult time.”
Duggan further said, “This achievement was only made possible by our tireless and dedicated staff working through their own sweeping changes in COVID-related working circumstances. Our team worked around the clock to deliver critical capital during volatile times. I could not be more proud of our team, and more grateful to our clients than I am right now. This new ‘milestone’ is something our entire team is very excited about.”