MIAMI and North East England – June 13, 2022 – eCapital Corp. (“eCapital”), a leading tech-enabled finance provider, today announced the recent closure of a £3million sterling U.K. and $1.5 million U.S. trans-Atlantic working capital line of credit to a prominent international provider of manpower solutions within the renewable energy and sustainable transportation industries.
eCapital is providing a multi-currency facility in Dollars, Euros and GBP. The company will use this significant funding to support robust growth and talent acquisition efforts in the U.S. and U.K. As specialists in global manpower solutions, eCapital’s expertise in the staffing industry and its ability to meet requirements in both the U.K. and the U.S. was essential to the success of the deal.
“This deal underscores our international reach and represents our ability to leverage our staffing experience across our growing global footprint,” said James Poston, chief sales officer at eCapital. “Every business has distinctive needs, which is why we work to deliver customized financing solutions. Our size, flexibility, global presence, and deep experience in this particular sector, uniquely allows us to support this U.K headquartered company with a multi-currency facility and the growth of its U.S.-based subsidiary for customers in this country.”
About eCapital Corp.
eCapital is committed to accelerating access to capital for companies in the United States, Canada, and the U.K. By leveraging a team of over 650 experts and proprietary, industry-leading technology, eCapital is creating the future of business funding. With a full suite of products such as freight factoring, invoice factoring, lines of credit, asset-based lending, payroll funding, and equipment financing, eCapital ensures businesses have the funds they need to do more. Through its Freight Factoring, Commercial Finance, Staffing and Asset-Based Lending divisions, eCapital and subsidiary company, CNH Finance, deliver customized funding solutions for over 80 industries. To learn more about eCapital, visit eCapital.com.