eCapital, a technology-enabled leader in specialty finance for small and medium-sized businesses across North America and the UK, renewed and upsized its subsidiaries’ asset-based lending facility. The renewed facility has a three-year term and maximum commitments increased from $987 million to $1.38 billion. The facility is agented by Wells Fargo and supported by a syndicate of leading financial institutions.
This milestone reflects eCapital’s sustained momentum, following recent upsizes to $815 million in January 2024 and $987 million in November 2024. With this latest increase, the company’s total banking capacity across its three syndicated credit lines now approaches $2.6 billion.
“Our healthcare and commercial lending teams are at the heart of our ABL division’s success,” Marius Silvasan, CEO of eCapital, said. “This upsized facility reflects the confidence our banking partners have in the expertise of these teams, as well as our broader platform. With this expanded capacity, our specialized professionals are better equipped to provide fast, flexible capital to clients in critical sectors, driving growth and stability in dynamic market conditions.”
