Consumer Goods Michigan
eCapital Creates $1.7MM Credit Facility for California RV Accessories Company
Transaction Details
- $1.7MMFUNDED
- Accounts Receivable Financing
PRODUCT- Manufacturing
INDUSTRY- California
LOCATIONMarch, 2022eCapital, a leading provider of working capital finance and payments solutions, recently originated a $1.7 million credit facility for a California-based recreational vehicle and travel trailer accessory manufacturer.
The company will use the additional capital to fund innovation, new designs, and improve existing products and services.
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.
“As always, we are thankful for our partners for their support and the client for trusting us to help their business grow,” said Renee Jackson, eCapital’s National Sales Director. “It’s exciting to work with companies creating products that are changing their industry, and that is the opportunity we have with our latest client.”
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.
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- Accounts Receivable Financing