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How Factoring Companies are Dealing with COVID-19

By 09.10.20June 8th, 2022No Comments
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eCapital Freight Factoring president, Charles Sheppard, spoke with Commercial Factor magazine about the challenges facing factoring companies during the first five months of the COVID-19 pandemic.

“I think the question should be what hasn’t changed?” Sheppard pointed out. “Getting the whole workforce into a remote environment operating at the same level of efficiency definitely presented a series of challenges…We saw also some significant swings in volume.”

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eCapital Corp. is committed to supporting small and middle-market companies in the United States, Canada, and the UK by accelerating their access to capital through financial solutions like invoice factoring, factoring lines of credit, asset-based lending and equipment financing. Headquartered in Miami, Florida, eCapital is an innovative leader in providing flexible, customized cash flow to businesses. For more information about eCapital, visit eCapital.com.


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