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eCapital Closes $3.5MM Factoring Facility for Legacy Organic Food Brand

byBrianna Wilson
May 8, 2024
in News

eCapital closed a $3.5 million confidential factoring facility for a heritage Canadian organic food manufacturer. Referred to eCapital by one of its accountant partners, the client sought a flexible working capital finance solution to bolster its cross-border operations. eCapital responded to the client’s needs by structuring a financing arrangement.

The solution crafted by the eCapital team integrated confidential invoice factoring with inventory financing, providing the client with liquidity to support its day-to-day operations and growth initiatives.

“Our growing reputation for expertise in facilitating cross-border deals and working closely with clients to set achievable plans to ensure their success was key in this collaboration,” Tom Siska, senior vice president, commercial finance at eCapital, said. “The referral from a trusted source further accelerated our process, as the client had confidence in our ability from the start. Our ability to tailor flexible financing solutions, coupled with our commitment to delivering exceptional service, demonstrates our dedication to empowering businesses and driving positive outcomes.”

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