Ontario

Bridging cash flow gaps for a growing dry van fleet: $1.7MM freight factoring facility

An Ontario-based transportation company operating 40 dry vans was facing cash flow challenges due to delayed payments and a restrictive operating line of credit. The company needed a solution to free up working capital and support operational demands.

eCapital structured a $1.75 million freight factoring facility, providing same-day funding to improve liquidity. Additionally, eCapital worked closely alongside an equipment lender who leveraged the company’s unencumbered assets to supplement the AR facility. This collaborative financing solution, delivered/made available within the critical timeframe, enabled the carrier to regain control of working capital, manage expense more effectively, and pursue expansion opportunities in a competitive market.