MIAMI – August 18, 2023 – eCapital Corp. (“eCapital”), a leading finance provider for businesses across North America and the U.K., today announced the recent closure of a $6MM confidential factoring agreement with a rapidly growing paratransit and assisted mobility business.
The Virginia-based corporation encountered challenges in finding a funding partner capable of keeping up with its expansion plans. After a referral from a trusted financial institution, the company chose eCapital due to its innovative funding structure, best-in-class client portal, and competitive pricing model.
DeBernardo commented, “This significant deal shines a spotlight on eCapitals’ strengths and reputation in the market. The fact that the client actively sought out our expertise to help them achieve their expansion plans speaks volumes about our ability to deliver customized financial solutions. What also sets us apart is our ability to cultivate strong relationships – we’re attuned to the ever-changing funding needs of our clients, especially their need for flexibility in their funding partner, and on a personal note, it’s the sense of shared success that genuinely makes me proud of my role here.”
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 financing, eCapital ensures businesses have access to the funds they need to do more. Through its Transportation, Staffing, Consumer Goods, Healthcare, Factoring, and ABL divisions, eCapital delivers customized funding solutions for over 80 industries. To learn more about eCapital, visit eCapital.com.