MIAMI, August 14, 2026 — eCapital Corp. (“eCapital”), an AI-powered fintech company building the next generation of specialty finance, has provided a $10 million asset-based lending revolving credit facility to a Florida-based flight training company undergoing an extensive operational and financial restructuring. The financing provides critical working capital to support ongoing operations as the company executes a strategic turnaround plan and positions itself for future growth.
Flight training organizations operate in a capital-intensive environment, balancing high operating costs, fleet maintenance requirements, regulatory obligations, and growing demand for qualified aviation professionals. During periods of restructuring, access to reliable liquidity is essential to maintaining operations, supporting students and staff, and implementing long-term business improvements.
Brought in by the company’s new CFO, eCapital worked closely with management to develop a customized working capital solution tailored to the complexities of the restructuring process, which included asset sales, cost reduction initiatives, and broader operational changes. The facility features an enhanced advance rate on accounts receivable, includes a foreign receivables component without requiring credit insurance, and allows an existing split cash flow term loan to remain in place. The flexible structure provides the liquidity needed to support day-to-day operations while enabling management to focus on executing its turnaround strategy.
“The strongest restructuring outcomes occur when management has the flexibility to focus on execution rather than liquidity constraints,” said Mike Conrad, SVP, Business Development Officer at eCapital. “Our role was to provide a financing solution that supports operational stability today while creating room for the business to pursue its longer-term objectives.”
About eCapital
eCapital Corp. is an AI-powered fintech company transforming how businesses access and manage working capital. The company serves businesses across the United States, Canada, and the United Kingdom through a broad range of financing solutions, including asset-based lending, receivables finance, payroll funding, supply chain finance, and other customized financing products.
Through its proprietary platform, eCapital combines data, decisioning, funding, and servicing to deliver faster, more flexible financing across the business lifecycle. Since its inception, eCapital has funded more than 44,000 clients and delivered over $144 billion in capital across 80+ industries. eCapital is building the next generation of specialty finance, one that is more intelligent, connected, and responsive to the needs of modern business. To learn more, visit ecapital.com.
