eCapital Creates $10MM AR Finance Facility for California Biosolutions Company

December, 2024

eCapital, a leading provider of working capital and payments management solutions, recently originated a $10 million accounts receivable credit facility for a California-based biosolutions provider.

As part of the partnership, eCapital will also provide the company with comprehensive accounts receivable and customer credit management.

“This facility will help ensure the business has sufficient access to cash for their ongoing working capital needs as maintaining healthy relationships with their suppliers has been a key to their success,” said eCapital Underwriter Kevin Wright. “We appreciate the opportunity to help support their growth.”

eCapital offers (and partners on) myriad financing options, including accounts receivable, inventory, and supply chain finance in facility sizes up to $200 million. We can help companies of all sizes and stages solve for high growth, challenged credits, tripped covenants, high debtor concentrations and bankruptcies.

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.