eCapital issued more than $53 million in new and increased facilities in the first half of 2022.

Under the guidance of staffing industry financing veteran Raphael Torres, eCapital’s staffing division was launched in August of 2021 and is structured to support the financing needs of small to medium-sized staffing companies.

“It’s clear that staffing companies want a financial partner that has a deep understanding of their business coupled with payroll funding solutions that are specifically designed to serve their needs,” Torres said. “The significant fundings to date illustrate the team’s commitment to the staffing industry as we continue to innovate our products and services to maximize working capital and the speed and accessibility of funds. I am extremely proud of our team and their dedication to our staffing clients and look forward to our continued growth and success.”