Minnesota

eCapital Creates $2.5MM Invoice Finance Facility for Minnesota-based Snack Manufacturer

eCapital, a leading provider of working capital and payments management solutions, recently originated a $2.5 million accounts receivable credit facility for a Minnesota-based producer of snack foods.

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

“The company was looking at a variety of different funding options to help support their operations,” said eCapital SVP of Underwriting Michael Singer. “In the end, we were able to work with their current lender to carve out a portion of their accounts receivable to provide them with the availability to accelerate their growth.

“We’re proud they’ve put their trust in eCapital to help fuel their success.”

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.