Global Merchant Fund, Corp. (now eCapital Corp.) as Lead Financier announced the completion of the second tranche of a $100MM Supply Chain Finance Program for a Southeastern US mobile technology company serving clients worldwide. Jeremy Bedford, Global Merchant Fund’s Vice President of Business Development & Syndications indicated that “this facility will enhance the company’s working capital position by extending payment terms well beyond those provided by the company’s key suppliers.” Funding for the remaining two tranches totalling $50MM should be completed within the next 90 days.
Founded in 2006, Global Merchant Fund, Corp. is a provider of domestic and international financing solutions for growing mid-sized businesses across a wide variety of industries and geographic locations. Global Merchant Fund, Corp. helps clients succeed through their supply chain finance, factoring, purchase order and asset-based lending programs with a focus on international trade. Its syndication department has completed thus far in 2018, nearly $200MM in transactions with Global Merchant Fund, Corp. as Lead Financier. Global Merchant Fund, Corp. has principal operations in Toronto Canada, Miami FL, Ft. Lauderdale FL, and New York NY.
ABOUT eCapital
At eCapital, we accelerate business growth by delivering fast, flexible access to capital through cutting-edge technology and deep industry insight.
Across North America and the U.K., we’ve redefined how small and medium-sized businesses access funding—eliminating friction, speeding approvals, and empowering clients with access to the capital they need to move forward. With the capacity to fund facilities from $5 million to $250 million, we support a wide range of business needs at every stage.
With a powerful blend of innovation, scalability, and personalized service, we’re not just a funding provider, we’re a strategic partner built for what’s next.
eCapital Corp
eCapital Corp. is committed to supporting small and middle-market companies in the United States, Canada, and the UK by accelerating their access to capital through financial solutions like invoice factoring, factoring lines of credit, asset-based lending and equipment refinancing. Headquartered in Miami, Florida, eCapital is an innovative leader in providing flexible, customized cash flow to businesses. For more information about eCapital, visit eCapital.com.
