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eCapital Provides Over $53MM in Facilities to Staffing Companies in First Half of 2022

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MIAMI – July 21, 2022eCapital Corp. (“eCapital”), a leading alternative finance provider in North America and the U.K., has showcased its commitment to providing faster and more flexible payroll funding solutions to staffing companies by issuing over $53MM in new and increased facilities as of June 2022.

Under the guidance of staffing industry financing veteran, Raphael Torres, eCapital’s staffing division, launched in August of 2021, has received a phenomenal response from the market. Uniquely structured to support the financing needs of small to medium staffing companies, the team is comprised of staffing account management and operations experts with extensive experience serving the needs of the industry.

“It’s clear that staffing companies want a financial partner that has a deep understanding of their business coupled with payroll funding solutions that are specifically designed to serve their needs”, said Raphael Torres, Managing Director – Staffing at eCapital. “The significant fundings to date illustrate the team’s commitment to the staffing industry as we continue to innovate our products and services to maximize working capital and the speed and accessibility of funds. I am extremely proud of our team and their dedication to our staffing clients and look forward to our continued growth and success.”

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.