Tailored financing solution
How Aperia bridged cash flow gaps with A/R Financing
Aperia Technologies, the market leader in tire management for medium- and heavy-duty truck fleets, has over one million tires under management.
The company’s innovative solutions help fleets improve safety, reduce operating costs, and enhance sustainability. Experiencing rapid growth and securing major enterprise clients, Aperia needed a financing partner that could keep pace.
THE CHALLENGE
Aperia was scaling quickly, which brought a specific challenge: large enterprise customers required extended payment terms and traditional lenders were too rigid to meet the company’s needs and pace.
“Aperia was quickly scaling manufacturing to meet market demand, growth that required it purchase raw materials well in advance of delivery given the rate of growth and long lead times for some materials/components. Traditional lenders simply weren’t creative nor agile enough to solve our growing working capital needs.” – Bill Hoover, CFO, Aperia Technologies
From day one, eCapital ‘got it.’ They worked quickly and creatively to set up a facility for our initial needs and built in planned support to grow with us down the line”
Bill Hoover
Chief Financial Officer
THE SOLUTION
eCapital provided an A/R financing facility that addresses Aperia’s unique structure—later expanding it by 2x as the business growth continued.
eCapital took a uniquely flexible, collateral-focused approach, evaluating the quality of Aperia’s receivables and tailoring a facility that fit the company’s flow of goods, billing, and collections.
“From day one, eCapital ‘got it.’ They worked quickly and creatively to set up a facility for our initial needs and built in planned support to grow with us down the line.”
THE RESULTS
With eCapital’s flexible support, Aperia accessed the working capital needed to deliver on major customer contracts and strengthen its business.
By bridging long payment cycles without taking on additional debt, Aperia expanded its customer base and operations. The company now enjoys a trusted partnership with eCapital, characterized by strong communication, flexibility, and responsiveness.
“What stood out was how eCapital worked to truly understand our business, customers, supply chain, and operations.”
Explore the solutions that helped Aperia bridge cash flow gaps
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