Invoice Factoring
$8,000,000
FUNDED- DATEOctober, 2024
- DIVISIONDistribution
- CATEGORYAsset Based Lending
Allentown, PA
eCapital Provides Creative $8M ABL Facility for Book Distributor
A Pennsylvania-based book distributor was facing cash flow challenges and difficulty managing inventory amidst fluctuating demand. To support their operations and growth, they looked for a lending partner that could understand their unique needs. They found that partner in eCapital, which offered an $8 million asset-based lending facility tailored to their business model.
This creative financing solution not only provided quick access to capital, but allowed them to effectively manage market fluctuations and enhance distribution capabilities.
With the financial flexibility gained through eCapital, the distributor can now focus on growth, improving operational efficiencies, and reinforcing its position in a competitive and challenging book distribution landscape.