eCapital closed a $7 million asset-based lending deal with a Michigan-based business services provider. Encountering resistance from its conventional banking partner, the company pursued a new funding ally to transfer its asset-based loan.
eCapital funded a $12 million asset-based lending facility to support a U.S.-based manufacturing company that was experiencing financial stress.
eCapital funded a $16 million asset-based loan for a menswear brand apparel company. eCapital delivered an asset-based loan structure that provided greater availability to fuel the expansion goals of the apparel company.
eCapital, a finance provider for businesses across North America and the U.K., issued $95 million in lines of credit during the fourth quarter of 2022 through its eCapital ABL North America division.
eCapital closed a $20 million working capital line of credit for a consumer-packaged goods company in the natural odor elimination category.
eCapital, an alternative finance provider in North America and the U.K., provided a $30 million working capital lending facility to a multinational company in the oilfield services industry, completed under eCapital’s commercial finance division.
eCapital closed a $21 million working capital line of credit for an automotive company based in Southern California.
eCapital Commercial Finance, a division of eCapital, issued a $10 million asset-based line to a healthcare technology staffing service provider.
eCapital Commercial Finance’s asset-based lending division issued a $15 million asset-based lending credit facility to a Dallas-based frozen foods manufacturer.
eCapital Commercial Finance’s asset-based lending division issued a $6 million asset-based line to a Florida-based agriculture supply company servicing both retail and wholesale clients.