Goverment Contractor Gears Up for Growth with $1.25MM Confidential Factoring Facility

Transaction Details

  • $1.3MM
    FUNDED
  • PRODUCT
  • GovCon
    INDUSTRY
  • Fort McMurray, AB
    LOCATION
June, 2024

A Fort McMurray, Alberta-based government contractor specializing in maintenance and services for local government and community organizations secured a $1.25 million confidential factoring facility from eCapital. Referred by a trusted equipment finance broker, this solution replaces the company’s existing bank line and offers several advantages:

  • Increased Availability: The facility provides greater access to working capital.
  • Enhanced Flexibility: The solution allows for more flexibility in how the company manages their funds.
  • Scalability for Growth: The facility can increase alongside the company’s revenue, ensuring they have the capital needed to fulfill new contracts and support their growth trajectory.

This successful partnership between eCapital, a trusted referral partner, and the government contractor exemplifies eCapital’s commitment to providing customized financial solutions that empower businesses to achieve their goals.

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