eCapital Creates $3MM Invoice Finance Facility for IT Staffing Firm

eCapital, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for an IT staffing firm.

The company was referred to eCapital by a banking partner that was unable to support funding facility increases.

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

“It’s no secret that companies across a variety of industries have been extending payment terms to their contingent workforce vendors,” said eCapital Senior Regional Vice President Chris Collins. “This leads to a working capital squeeze that makes it hard for staffing companies to grow. This facility will go a long way in helping the firm meet its payroll obligations and take on new clients as opportunities arise.”

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.