Asset Based Lending
$3,000,000
FUNDED- DATEDecember, 2024
- DIVISIONManufacturing
- CATEGORYConfidential Factoring, Invoice Factoring
Canada
$3 Million Confidential Factoring Facility to Drive Recovery and Support Growth
A Canadian manufacturing and distribution company specializing in the nutraceutical and health supplement space, faced significant sales loss after losing distribution rights to a key product line. The company faced liquidity challenges that impacted its ability to maintain operations. With an eye on recovery, the company sought a financial partner to provide the working capital needed for growth and stabilization.
eCapital stepped in to offer $3 million confidential factoring facility, which was designed to provide the company with flexible financing, helping them navigate ongoing economic shifts, cover operational costs and support their recovery efforts. With eCapital’s tailored confidential factoring solution, the company has the liquidity required to accelerate its recovery, regain profitability and to continue serving their extensive customer base and expand their operations.