eCapital, a tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, funded a $7.5 million accounts receivable line of credit to support a multi-facility hospital operator in Texas.
“Across the country, hospitals are looking for capital partners who understand their business,” Steven Silver, head of sales, ABL at eCapital, said. “This $7.5 million facility reflects eCapital’s growing track record of delivering reliable working capital to healthcare operators and our ability to step in quickly where traditional lenders may not.”
The facility is designed to enhance liquidity, strengthen cash flow and ensure consistent access to operating funds.
