Texas

$6MM ABL Facility to Support Expansion and Product Innovation for U.S. Stone Distributor

eCapital has provided a $6 million asset-based lending (ABL) facility to support the expansion and working capital needs of a growing distributor of stone and household fixtures in the southern United States.

As growth accelerated, the company required a financing structure that could deliver consistent working capital while accommodating future product launches. They partnered with eCapital for its responsiveness and reputation for delivering tailored, value-added solutions that support long-term growth. eCapital structured an asset-based lending facility secured by accounts receivable and inventory, along with a short-term overadvance to enhance flexibility.

“Speed and adaptability are critical when companies are scaling. This facility shows how we can deliver both, enabling businesses to launch new product lines without losing momentum,” said Brian Cuttic, EVP, Asset-Based Lending at eCapital.