United States

eCapital Helps Fuel Growth at a Home Lighting Fixtures Distributor with $18MM Facility and AR Management Platform

eCapital, a leading provider of working capital finance and payments solutions, recently onboarded a distributor of lighting and ceiling fans (serving big-box retailers nationwide) to their working capital platform and originated an $18 million credit facility.

The funding includes both accounts receivable and inventory financing. The company will use the additional capital to fund growth, innovation, new designs and improve existing products and services.

As part of the solution, the eCapital platform will also provide the company with comprehensive accounts receivable and customer credit management. The company was referred to eCapital by a former client.

“At eCapital, we are focused on providing solutions for companies with complex financial situations,” said Chris Collins, eCapital Regional Vice President. “This was one of those cases and we are appreciative of the client for allowing us to put together a combination of financing that provided them with the working capital they need both short and long term.

This deal wouldn’t have been possible without the former client who trusted us enough to make a referral and the inventory finance partner that helped with part of the solution.”

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.