Case Study: Ironclad achieves full ownership and eliminates seller debt early with National Business Capital

Ironclad restores 100% ownership with National Business Capital's $1.6M financing

Ironclad Industries, a construction company navigating an ownership transition, faced a challenge when a time-sensitive opportunity arose to pay off a seller note early. Traditional lenders were hesitant due to the recent transition, but National Business Capital provided the necessary capital, evaluating the business on its performance and continuity rather than rigid timelines.

National Business Capital deployed a $1.6 million cash flow financing solution from its own balance sheet. This allowed Ironclad Industries to act decisively, eliminating the seller note to restore 100% ownership. The early payoff reduced their financial obligation by approximately $200,000 and simplified the company's capital structure ahead of schedule.

Ironclad