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eCapital Funds $5 Million ABL Revolver for Leading Fiberglass Company Amid Ownership Change

MIAMI – June 3, 2024 – eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has funded a $5 million asset-based lending facility for a leading fiberglass media company. This transaction exemplifies eCapital’s proficiency in supporting companies through ownership transitions, further solidifying its dedication to assisting small and medium-sized businesses at every stage of their growth journey.

The Southeastern U.S. manufacturer, a dominant player in its industry for over 30 years with a global reach, operated under the backing of a financial sponsor. As the company’s ownership structure transitioned to a new sponsor, it proactively sought financing to ensure seamless operations during this change of control.

The sponsor and manufacturer were impressed by eCapital’s innovative approach, the speed of its funding process, and the team’s deep industry expertise. This positive experience led to a swift partnership agreement. eCapital provided a customized asset-based lending solution tailored to the manufacturer’s specific needs. This solution offered flexibility in its terms, minimized restrictive covenants, and the potential to support future growth initiatives. eCapital’s thorough understanding of the manufacturer’s industry and their experience navigating ownership transitions allowed them to deliver vital financial support at a pivotal moment for the company.

Brian Cuttic, CEO, ABL at eCapital, noted, “This transaction demonstrates our team’s commitment to understanding clients’ industries and building trust, crucial in complex transactions like ownership changes. The client’s confidence in our ability to deliver was strengthened by the outstanding performance of our portfolio team, emphasizing the significance of our expertise in delivering tailored financial solutions. We take pride in offering tangible support when it’s needed most, reinforcing our reputation for reliability and excellence in the industry.”

This recent transaction showcases eCapital’s dedication to delivering impactful results in a dynamic marketplace through tailored financing solutions.

About eCapital Corp

eCapital is committed to accelerating access to capital for companies in the United States, Canada, and the U.K. By leveraging a team of over 700 experts and proprietary, industry-leading technology, eCapital is creating the future of business funding. With a full suite of products such as freight factoring, invoice factoring, lines of credit, asset-based lending, payroll funding, and equipment refinancing, eCapital ensures businesses have the funds they need to do more. Through its Healthcare, Transportation, Staffing, Consumer Goods, Factoring, and ABL divisions, eCapital delivers customized funding solutions for over 80 industries. To learn more about eCapital, visit