MIAMI – November 9, 2020 – eCapital Corp. (“eCapital”), a leading alternative finance provider in North America, today announced the company has funded a $3 million factoring facility to a distributor of consumer electronics products. The company distributes electronics for top brands including Apple, Samsung, Google, Microsoft, Sony and more, both domestically and internationally, and chose eCapital’s Commercial Finance division to help support their business growth.
“When a company experiences rapid growth, they need a financial partner that can provide the necessary capital quickly without the restrictive covenants a traditional bank loan may have,” said David Ciccolo, president of eCapital Commercial Finance. “eCapital was the ideal partner for this company because we provide flexible and easy access to the working capital they need to run their business today and into the future.”
About eCapital Corp.
eCapital Corp. is committed to supporting small and middle-market companies in the United States and Canada by accelerating their access to capital through alternative financing solutions like invoice factoring, factoring lines of credit and asset-based lending. Through its Commercial Finance and Freight Factoring divisions and its portfolio company Gerber Finance, Inc., eCapital Corp., offers alternative finance solutions to a broad set of industries. Based in Miami, Florida, eCapital Corp. is an innovative leader in providing flexible, customized funding to businesses. For more information about eCapital, visit eCapital.com.
Laura Stadler, eCapital Corp.
Source: eCapital, Corp., 20807 Biscayne Blvd., Suite 203, Aventura, FL 33180