A $1.3MM factoring line is provided to a Wayne, PA tech company by eCapital

Transaction Details

  • $1.3MM
    FUNDED
  • PRODUCT
  • Technology
    INDUSTRY
  • Wayne, PA
    LOCATION
March, 2023
Based in Wayne, Pennsylvania, this IT security company was unhappy with the terms of their existing factoring agreement and approached us to see what we could do to help. Our team was able to offer them the terms they were looking for, including a lower percentage rate and a higher advance rate, giving them faster access to more of their working capital at a reduced cost.

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