Charlotte, NC

Waterworks Products Distributor Secures $20mm in ABL Funding From eCapital

After evaluating various financing options, this North Carolina-based distributor’s bank partner referred them to eCapital, with whom the partner maintains a strong and trusted working relationship. The distributor was confident that eCapital would provide it with a customized finance solution that included optimal deal terms and timelines to suit its goals. This $12 million asset-based lending facility with an $8 million accordion feature positions the company to act on its growth plans and scale its operations.