Tailored factoring solution
How eCapital helped BrightRay slay their cash flow monster.
When BrightRay Consulting secured a Fortune 100 client, it was a game-changing opportunity. But with that win came an immediate need for capital to scale operations and meet growing demands.
Like nearly one-third of U.S. small businesses, BrightRay was unable to access traditional financing. That’s when they turned to LSQ (now eCapital) for a flexible invoice financing solution to fuel their momentum.
THE CHALLENGE
Founder Scott Turman quickly realized his team didn’t have the cash flow needed to fulfill large, long-term contracts. His new enterprise client had payment terms exceeding 75 days, creating a severe cash gap that jeopardized payroll and day-to-day operations.
“That’s when I realized I was facing a cash flow monster,” Turman shared. Traditional banks denied his requests for financing, while other lenders offered predatory rates that made scaling impossible.
Without LSQ (eCapital), there’s no way any of this would have been possible. I mean, no way.”
Founder
Scott Turman
THE SOLUTION
Frustrated and running out of options, Turman connected with eCapital—and immediately saw the difference. After a quick application process and real human support, BrightRay secured a flexible credit facility tailored to their needs.
eCapital’s invoice financing allowed BrightRay to unlock working capital tied up in unpaid invoices, empowering them to take on more business with confidence. Turman praised eCapital’s responsive team, who also provided valuable back-office support and AR insights to improve collections and minimize risk.
THE STORY
Frustrated and running out of options, Turman connected with eCapital—and immediately saw the difference. After a quick application process and real human support, BrightRay secured a flexible credit facility tailored to their needs.
eCapital’s invoice financing allowed BrightRay to unlock working capital tied up in unpaid invoices, empowering them to take on more business with confidence. Turman praised eCapital’s responsive team, who also provided valuable back-office support and AR insights to improve collections and minimize risk.
“More like a partnership, as opposed to a service.”
Explore the solutions that supported capital needs for BrightRay
INVOICE FACTORING
Flexible financing solutions to help businesses improve cash flow, and unlock capital for growth.
