Asset Based Lending
$2,000,000
FUNDED- DATEDecember, 2024
- DIVISIONManufacturing
- CATEGORYConfidential Factoring, Invoice Factoring
US
$2 Million Confidential Factoring Facility to Support Turnaround Efforts
A US-based manufacturing and distribution company, faced a setback when it lost its distribution right to a major product line, resulting in a significant drop in sales. This loss placed the company in a challenging financial position, leading to a restructuring under special loans with their previous lender. To support its recovery, the company sought a reliable working capital solution to stabilize operations and regain profitability.
eCapital provided the company with a $2 million confidential factoring facility to address their immediate working capital needs. With this tailored financing solution, the company has the financial flexibility needed to support its turnaround strategy, maintain stable cash flow, and return to growth.