eCapital Creates $30MM AR Finance Facility for NY-based Staffing Firm

eCapital, a leading provider of working capital and payments management solutions, recently originated a $30 million accounts receivable credit facility for a New York-based staffing company.

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

“The market for highly skilled temporary staffing services is booming,” said eCapital Senior Regional Vice President DJ Krystopa. “But sometimes the payment terms can put firms in a bind with their weekly payroll obligations. Having this facility to accelerate their invoices is going to be a great asset for the company to grow and take advantage of opportunities.

“As always, we are thankful for the trust the client has put into eCapital to support their working capital needs.”

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.