eCapital Creates $8MM Facility for Paint Manufacturer

March, 2023

eCapital, a leading provider of working capital and payments management solutions, recently originated an $8 million credit facility for a Texas-based paint and paint products manufacturer and distributor. The company, which also has retail operations, will use the additional working capital to manage seasonality within their industry and build inventory for upcoming peak demand.

As part of the partnership, eCapital will also provide the company with comprehensive accounts receivable and customer credit management. The enterprise, which is a private equity portfolio company, was referred to eCapital by a strategic banking partner.

“Too often we see businesses get trapped in this vicious cycle of an accounts receivable and accounts payable timing mismatch,” said eCapital Senior Regional Vice President Chris Collins. “With this new facility, the company can ramp up inventory for the spring and summer when the demand for paint is at its highest.

“As always, we are proud to have been selected by the company and the private equity firm as a partner and are thankful for the referral.”

eCapital offers (and partners on) myriad 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 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.