eCapital reported a summer surge in deals within its asset-based lending group, securing a combined aggregate value exceeding $160 million in new facility commitments.
eCapital’s healthcare division, a contributor to the ABL tally, secured a record number of new commitments, orchestrating a $30 million pharmaceutical transaction, a $10 million facility for a hospital, and the closure of a $3 million funding deal for a physician services provider. Additionally, the division closed more than 10 skilled nursing facility transactions, ranging from $1 million to $10 million in value.
Other deals within the ABL group spanned several regions across the U.S., including: $45 million in financing for an Ohio-based glass manufacturing firm, $21 million in funding secured by an Oklahoma services company, and $15 million obtained by an Illinois distributor specializing in home health essentials. In the Northeast, a New York energy reseller also secured $13 million in capital. These transactions, alongside others completed over the summer, reflect the ABL team’s pursuit of funding solutions for a diverse range of clients and industries.
“These seasonal highlights demonstrate our ability to deliver flexible financing solutions that empower our clients to excel in a dynamic market,” Marius Silvasan, CEO of eCapital, said. “The transactions strengthen our solid foundation, and we are positioned to maintain our strong momentum; our pipelines are already indicating a promising Q4. This is especially evident within the ABL Group, where our experienced team drives our success through a growth-oriented approach, creating opportunities for eCapital to solidify its role as a leading force in helping SMBs access the funding they need to achieve their goals.”
