$17.5MM ABL Facility for a High-Volume Consumer Products Distributor

eCapital provided a $17.5 million asset-based lending facility to a multi-generational consumer products distributor in the arts and crafts sector, headquartered in the Midwest. The facility advances against both accounts receivable and inventory, delivering the working capital needed to support ongoing operations and growth.

Referred by the company’s financial advisor, the business sought to replace a more restrictive bank structure that no longer aligned with its operating model. eCapital structured a flexible financing solution that increased borrowing through higher advance rates, accommodated select operational ineligibles, and permitted cash interest on subordinated debt, while executing efficiently to maintain uninterrupted supply chain and fulfillment activity.

“eCapital works with businesses across consumer and distribution-driven industries that require customized capital structures to support complex operating models,” said Brian Cuttic, EVP, Asset-based Lending at eCapital. “Our focus is on delivering solutions that align with how these companies operate and where they are in their growth cycle.”