AR Financing
eCapital, a leading provider of working capital finance and payments solutions, recently originated a $1.5 million credit facility for a woman-owned industrial auto parts manufacturer and supply chain management company.
The company will use the additional capital to expand their operations.
As part of the partnership, eCapital will also provide the company with comprehensive accounts receivable and customer credit management. The company was referred to eCapital by a strategic partner.
“We are excited to work with companies like this one,” said eCapital Regional Vice President, Sales and Bank Partnership Development DJ Krystopa. “The facility will give them the working capital they need to achieve their goals and grow their business.”
“As always we are appreciative of the referral and the faith our partners put in us to help their clients.”
eCapital was able to get the client funded in 19 days from the initial engagement with the partner.
About This Transaction: This transaction was completed by LSQ before its acquisition by eCapital in late 2024. The details reflect the deal as originally announced at that time. Following the acquisition, aspects such as company branding, leadership titles, or organizational structure may have changed.