nFusion Capital Provides $3 Million to Kort Industries

Kort Industries is a Texas-based steel fabricator and industrial fabrication specialist providing steel structures to environmental and oil & gas companies in the state. They offer Fabrication Maintenance Services, Pressure Vessels, High Pressure Piping, Tank Repair and Industrial Coating; and turnkey fabrication solutions to help increase productivity and operating efficiency while reducing downtime and cost.

The company was working with a factor who did not deliver on their promises, made funding harder and was holding back more availability. As a result, they had to pass on jobs that would have been very lucrative. They needed additional cash flow to take on new growth opportunities and meet payroll and sought to move to an asset based facility at a bank. However, the bank had to decline the deal just days before the first funding and referred Kort to Rachel Samuelson at nFusion, demonstrating their confidence in our team.