eCapital, a tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has delivered a $15 million asset-based lending (ABL) facility to support the expansion of a Florida-based manufacturer known for its polyvinyl chloride (PVC) products used in commercial and industrial applications.
As demand surged, the company’s previous lender proved too restrictive to support growing inventory and raw material needs, particularly at the company’s Texas distribution hub. eCapital stepped in with a tailored ABL structure, expanding availability against inventory and unlocking the working capital needed to boost stock levels and accelerate nationwide fulfillment.
“This was a long-established business with decades of experience, yet their ability to scale was limited by the constraints of a traditional bank facility,” Brian Cuttic, executive vice president, asset-based lending at eCapital, said. “Our structure unlocked value tied up in inventory, giving them the liquidity to keep pace with demand and strengthen delivery across their distribution footprint.”
“This client didn’t need just more capital; they needed smarter capital,” Chris Collins, senior vice president, business development at eCapital, said. “We took the time to understand their operational flow and built a solution that directly supported throughput, inventory expansion and fulfillment speed. That alignment is what makes financing truly effective.”
