Minnesota

eCapital Creates $12MM Invoice Finance Facility for Minnesota-based Apparel Company

ORLANDO, Fla. (December 2, 2024) – eCapital, a leading provider of working capital and payments management solutions, recently originated a $12 million accounts receivable credit facility for a Minnesota-based apparel company.

As part of the partnership, eCapital will also provide the company with comprehensive accounts receivable and customer credit management. The facility is the product of a new collaboration between eCapital and a strategic fintech partner.

“This new facility is the culmination of several factors coming together,” said eCapital VP of Working Capital Solutions Amarish Kapadia, “and further proof that through our partnership network and eCapital’s resources, we can provide funding options to meet a variety of liquidity needs for companies of all sizes.

“I am looking forward to helping this company continue to grow, support American job creation and serve an expanding market.”

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.