Tailored financing solution
How eCapital helped UZURV with their growth strategy.
UZURV is a specialized transportation platform the provides elderly and disabled riders with safe, reliable, non-emergency medical transportation.
Experiencing 100% year-over-year growth, the company faced the challenge of scaling operations quickly. With large contracts in place but longer payment cycles, UZURV needed a financing partner to bridge cash flow gaps and support continued growth with confidence.
THE CHALLENGE
Despite strong demand and growing receivables base, the company wasn’t yet generating consistent operating cash flow – making traditional bank financing difficult to secure.
UZURV needed a smarter, more scalable financing solution– one that could support growth without delays or dilution. That’s when they were referred to eCapital.
“We needed an alternative, cost-effective solution to increase working capital. Securing equity capital was time-consuming and expensive” – Kyle Engelken, CFO, UZURV
As a rapidly growing, early-stage company not yet generating operating cash flow, it was imperative to access our growing asset base to fund growth”
Kyle Engelken
Chief Financial Officer
THE SOLUTION
eCapital provided a confidential AR Financing facility, a flexible line of working capital tied to UZURV’s outstanding invoices. This gave the company immediate access to funds otherwise locked in receivables, without impacting client relationships or requiring new equity.
“eCapital understood our business model, our contracting process, and the value of our receivables,” said Kyle Engleken, CFO at UZURV. “Their pricing is fair. and the customer support was fantastic. Working with a dedicated financing team and an intuitive online platform helped tremendously.”
UZURV initially secured a $6 million facility, which later expanded to $12 million as demand accelerated.
THE RESULTS
eCapital’s flexible financing helped UZURV bridge cash flow gaps, expand operations across multiple states, and grow to over 13,000 vetted drivers.
With eCapital’s support, UZURV successfully scaled during a critical growth phase-strengthening liquidity, avoiding dilution, and remaining focused on its mission to transform mobility for vulnerable populations.
“Don’t settle for traditional invoice factoring,” advised Engelken. “You need an integrated full-service solution that partners with you.
“eCapital understood our business model, our contracting
process, and the value of our receivables,” said Engleken.
Explore the solutions that supported the growth strategy for UZURV
ACCOUNTS RECEIVABLE FINANCING
Flexible financing solutions to help businesses improve cash flow, and unlock capital for growth.
