$6MM in Growth Capital from eCapital Enables Midwest Logistics Firm’s Expansion Plans

July, 2025

eCapital has delivered a $6 million accounts receivable facility to accelerate the trajectory of a Midwest-based logistics company.

Referred by a commercial banker, the facility replaces a previous $1.5 million bank line, providing increased access to working capital to fund strategic expansion initiatives.

The new receivables-backed line enabled the acquisition of one of its largest independent agencies, a move expected to increase gross profit by an estimated 20% and expand its national footprint.

“As traditional lenders become more risk-averse, companies across industries, particularly those with complex, fast-moving operations, are seeking non-bank partners who can provide tailored capital solutions,” said Ken Judd, CEO, Transportation at eCapital. “This transaction reflects that growing demand and showcases our ability to deliver flexible, sector-aware financing that drives real business momentum.”