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eCapital provides $750,000 freight factoring facility to Texas broker

Transaction Details

$750K
FUNDED
PRODUCT
Transportation
INDUSTRY
El Paso, TX
LOCATION

August, 2024

This Texas freight broker was new to factoring and selected eCapital for our deep understanding of the freight industry and our ability to quickly scale financing to support their growing business. The $750,000 facility will provide the broker with immediate access to cash flow, allowing them to invest in expanding their operations, hire additional staff, and take on more freight.

This funding is a testament to eCapital’s commitment to providing flexible and scalable financing solutions to businesses in the transportation industry.