Asset Based Lending
$550,000
FUNDED- DATEJuly, 2024
- DIVISIONTransportation
- CATEGORYFreight Factoring
Brampton, ON
eCapital Provides $550K Freight Factoring Facility to Ontario-Based Transportation Company
This partnership marks the transportation company’s entry into freight factoring, as they sought to optimize cash flow and fuel operational growth. The growing company, operating with 11 trucks and 25 trailers, recognized eCapital’s strong reputation for supporting the transportation industry and approached us directly to secure this financing solution. The new facility will provide the company with the necessary capital to expand its operations and enhance its market position.