• $25,000,000

    FUNDED
  • DATEApril, 2024
  • DIVISIONHealthcare
  • CATEGORYAR Financing
United States

eCapital Creates $25MM Invoice Finance Credit Facility for Global Pharmaceutical Manufacturer

eCapital, a leading provider of working capital finance and payments solutions, recently originated a $25 million invoice finance facility for the U.S. operations of a global pharmaceutical manufacturer.

The company was referred to eCapital by a broker partner after outgrowing its existing line of credit with its bank. Experiencing rapid growth, the client faced pressure on its working capital. The new eCapital facility was structured to work alongside the existing bank relationship, significantly increasing overall availability.

“We are grateful for the opportunity to work with this large pharmaceutical company as they continue their upward trajectory,” said Chris Collins, eCapital Senior Regional Vice President. “Their capacity was limited by available funding, and I’m glad we could step up to fill the need. We look forward to being a part of their continued growth.

“And as always, we are appreciative of the faith that the partner put in eCapital to serve the working capital needs of their client.”

eCapital was able to create the $25 million invoice facility in approximately 60 days from the initial introduction.

“eCapital’s underwriting and legal team was instrumental and diligent in completing this complex structure,” Collins said. “Without this wonderful group, we would not have funded the deal in a timely manner.”

eCapital offers (and partners on) myriad financing options, including accounts receivable, inventory, and supply chain finance in facility sizes ranging from $250,000 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.

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