eCapital, a tech-enabled finance provider specializing in tailored solutions for businesses across North America, closed a $5 million factoring facility for a technology-driven automation company serving energy producers.
Unable to secure traditional bank financing, the company needed a lender with deep vertical expertise and the flexibility to structure a facility tailored to its revenue cycles and cash flow needs. The company was referred to eCapital through an existing client.
“This deal is a great example of how strong relationships and industry knowledge come together to create meaningful financing solutions,” Tom Siska, head of sales, commercial finance at eCapital, said. “Our client didn’t just need capital — they needed a partner who understands their business model and can provide the right structure to support their growth. The fact that they came to us through an existing client speaks volumes about the confidence businesses have in our ability to deliver.”