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Home Deal Announcements

eCapital Provides Multi-Currency Working Line of Credit to UK-Based Staffing Solutions Specialist

byIan Koplin
June 14, 2022
in Deal Announcements

eCapital closed a £3 million ($3.6 million) and $1.5 million U.S. trans-Atlantic working capital line of credit to an international provider of staffing solutions within the renewable energy and sustainable transportation industries.

eCapital is providing a multi-currency facility in dollars, euros and GBP. The staffing company will use this funding to support growth and talent acquisition efforts in the United States and the UK.

“This deal underscores our international reach and represents our ability to leverage our staffing experience across our growing global footprint,” James Poston, chief sales officer at eCapital, said. “Every business has distinctive needs, which is why we work to deliver customized financing solutions. Our size, flexibility, global presence and deep experience in this particular sector uniquely allows us to support this UK-headquartered company with a multi-currency facility and the growth of its U.S.-based subsidiary for customers in this country.”

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