Ontario

$35MM Facility Supports Growth of Premier North American Staffing Leader

eCapital provided a $35 million payroll funding facility to support working capital needs of a leading staffing solutions provider.

The company delivers staffing and managed services in information technology, engineering, and professional roles across North America.

The business had been funding through two structures: a line of credit with a major Canadian bank that will remain in place, and a separate financing facility with another prominent bank that had become increasingly burdensome to manage. Seeking a more efficient alternative, the company turned to eCapital following a referral from a top-tier banking partner.

What distinguished eCapital was its ability to quickly assess the challenge, tailor a structure that reduced complexity, and deliver a flexible facility that not only addressed immediate requirements but also positioned the company for future growth.