Reliable working capital
How Aescit Service and Atkins secured flexible capital to scale
Aescit Service is a global end-to-end solution provider offering construction, technology and project management services. Atkins Electric Co. operates in the oil & gas sector, supporting projects and critical emergency restoration services across multiple industries.
Both companies serve large enterprise clients and needed financing that could evolve alongside their growth and operational complexity.
THE CHALLENGE
Traditional lenders were hesitant to support Aescit Service and Atkins Electric due to their high concentration of large, non-public customers and the complexity of their combined borrower structure. Both businesses needed a financing partner that could understand their model and provide flexible working capital solutions to keep pace with demand.
We chose eCapital because of their ability to accommodate the scale of our capital requirements, and because they understood our business needs and worked through any hurdles”
CEO
Andrew Fanelli
THE SOLUTION
eCapital provided an initial $9MM A/R Financing facility, later expanding to $15MM through multiple credit line increases over 15 months. The facility’s co-borrower allowed both companies to access shared funds, enabling them to draw on capital as needed.
eCapital focused on the quality of receivables and tailored support to the businesses’ operational realities.
THE RESULTS
The companies gained steady access to working capital to support scaling operations, onboard new clients, and maintain smooth business continuity – without capital disruption or delays.
His advice for other businesses exploring alternative financing options, “Make sure you work with a finance resource that understands your business requirements, the industries you serve, and provides the personal attention needed to operate efficiently and meet financing needs.”
Explore the solutions that helped Aescit Service and Atkins scale operations
Accounts Receivable Financing
Flexible financing solutions to help businesses improve cash flow, and unlock capital for growth.
