eCapital provides $3MM factoring facility to Texas energy distributor

Transaction Details

  • $3MM
    FUNDED
  • PRODUCT
  • Energy
    INDUSTRY
  • Humble, TX
    LOCATION
September, 2023
Rapid growth can be a challenge when it comes to managing cash flow. This Texas distributor in the energy sector was growing so quickly that they needed a financial partner who could quickly scale their financing to meet their working capital needs. eCapital provided a tailored accounts receivable financing solution that unlocked the working capital in their unpaid invoices to fuel their growth.

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