eCapital, a technology-enabled provider of financing to SMBs in North America and the UK, reported strong progress in its factoring division, surpassing $205 million in funding commitments year to date. This benchmark reflects eCapital’s ability to provide essential capital to clients across a wide range of industries to support their business needs.
Notable transactions over the past few months include:
$15MM Factoring Plus Inventory Facility for a U.S.-Based Beverage Company
A private equity-backed bottled water company secured a confidential factoring and inventory facility, ensuring the necessary cash flow to maintain operations while constructing a new center focused on efficiency and sustainability.
$15MM Factoring Facility for a Disruptive Transportation Tech Firm
A transportation tech firm faced single-debtor concentration challenges that limited access to traditional financing. To address this, eCapital provided a tailored factoring facility that alleviated financial pressures and positioned the company for long-term growth. The solution increased availability, reduced restrictive covenants and allowed the firm to capitalize on its projected 25% annual growth.
$10MM Factoring Facility for a Canada-Based Energy Staffing Company
An energy staffing company turned to eCapital after rigid financing from a Schedule A bank hindered its ability to manage complex cash flow needs. Leveraging its cross-border expertise, a customized solution was created that supported the company’s objectives and enabled international expansion.
“Despite the current oversupply of capital and the tough conditions in industries like transportation and staffing — both major users of factoring — we’ve maintained strong momentum and continued to make an impact. By staying close to our clients and partners, we are delivering solutions that meet the immediate needs of SMBs,” Tom Siska, head of sales, commercial finance for eCapital, said. “I’m excited to keep this momentum going and support even more businesses as we enter the fourth quarter.”
