First National Capital (FNCC), a provider of commercial equipment and aviation financing, announces a record annual funding volume of $448 million for the 2024 year.

Keith Duggan, CEO of FNCC, commented on the milestone: “The year 2024 presented both opportunities and challenges for businesses across various sectors. While many lenders scaled back their operations, tightened credit criteria and in some cases exited the business, our dedicated team rose to the occasion and challenging lending environment—providing innovative and flexible financing solutions to meet our clients' capital requirements. This accomplishment is a testament to our exceptional staff, whose unwavering commitment to problem-solving and closing deals has allowed us to thrive in a dynamic economic environment.”

Mr. Duggan further emphasized, “This success is the result of years invested in establishing a resilient and robust capital infrastructure and building an exceptional team. Our ability to serve as an active lending/leasing partner to middle-market firms across North America, even when others hesitated, reflects our deep commitment to empowering mid-sized and large businesses with the tailored solutions they need to grow.”