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First National Capital Partners with DAES Distribution for Financing

July 31, 2019, 07:20 AM
Filed Under: Industry News

DAES Distribution, an aerospace global provider, announced a new strategic partnership with First National Capital, a commercial equipment and aviation finance provider. The partnership leverages the lender advantages of First National Capital and combines it with DAES's industry experience, and support capabilities in an end-to-end solution.

First National Capital, recognized for being a fast decision, flexible, and cost-effective financing company, provides competitive equipment financing across the U.S. and Canada to mid-sized and large companies across a wide variety of industries and asset classes.

"The partnership with DAES Distribution for equipment loan and project financing, will support a large number of existing and new customers,” said Matt Pirofalo, Senior Account Manager, First National Capital. “I am certain that our competitive advantages, such as taking only the equipment as a collateral, and covering all the acquisition soft costs, (sales taxes, shipping, installation, and training), will benefit DAES’s customers.”

DAES Distribution equipment segment serves the military and commercial airlines, MROs and prime manufacturers with solutions to repair and maintain aircraft components and engine parts.

"We're thrilled to work with First National Capital to provide our customers with an effective finance solution," said Juerg Bartlome, CEO of The DAES Group. "As a leading aerospace provider, we are always looking for partners that can support our customers' growth, and First National Capital has the capacity to meet our clients’ needs.”
First National Capital’s asset-based lending, provides DAES’ customers the opportunity to easily and quickly request low cost financing to reduce the acquisition time. 

DAES Distribution LLC provides equipment, tools, and consumable product solutions to the aerospace industry. Founded in 2015, the company focus on delivering support in the USA, Canada, and Mexico, primarily for quality European-based equipment manufacturers. DAES Distribution is part of The DAES Group of Companies.

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