Amount Raised
$60 Million
Description
BizCap®, a national commercial finance and advisory firm, today announced it has successfully structured and secured $60 million in financing for AvAir, a global leader in the aviation aftermarket that supplies components to a broad variety of commercial passenger and cargo aircraft operators. This expanded, inventory-based credit facility will provide AvAir with additional working capital which will be used to take advantage of increased growth opportunities in the market while also expanding operating margins and optimizing their balance sheet.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech