$10MM ABL Revolver Supports Restructuring Efforts for Florida Flight Training Company

eCapital provided a $10MM ABL Revolver to a Florida-based flight training company undergoing a complex operational and financial restructuring.

Brought in by the company’s new CFO, eCapital worked closely with management to develop a customized working capital solution as the business navigated a bankruptcy process that included asset sales, cost reduction initiatives, and broader restructuring efforts. The company required a financing partner capable of understanding the complexity of the transaction while responding quickly to evolving needs.

eCapital structured a flexible facility featuring an enhanced advance rate on accounts receivable, including a foreign receivables component without requiring credit insurance, while allowing an existing split cash flow term loan to remain in place. The customized solution provides the liquidity and flexibility needed to support ongoing operations and position the business for its next stage of growth.