Consumer Goods Massachusetts
$500K Payroll Funding Facility to Bridge Cash Flow Gaps for Growing Canadian Staffing Firm
Transaction Details
- $500KFUNDED
- Payroll Funding
PRODUCT- Staffing
INDUSTRY- Ontario
LOCATIONJuly, 2025A growing staffing firm specializing in labor services for large infrastructure projects across Canada needed a flexible working capital solution to meet ongoing payroll demands.
The company operates on a milestone-based billing model, where payments are released only after client approval, creating delays between service delivery and cash receipt. This gap made it difficult to meet weekly payroll obligations, especially as new projects ramped up.
eCapital provided a $500K payroll funding facility to bridge cash flow gaps created by milestone-based billing. By advancing funds against approved accounts receivable for their credit-worthy end clients, eCapital helped the company maintain smooth operations and take on new project opportunities without cash flow disruption.
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- Payroll Funding