eCapital Creates $15MM Credit Facility, AR Management Program for Pennsylvania Coal Producer

August, 2022

eCapital, a leading provider of working capital finance and payments solutions, recently expanded its relationship with Wilson Creek Energy by originating a $15 million credit facility for the Pennsylvania-based metallurgical coal producer.

The company will use the additional capital to expand their operations and take on new clients.

As part of the solution, eCapital will also provide Wilson Creek with comprehensive accounts receivable and credit management to help better manage repayment risk and monitor customer health.

The relationship with eCapital is not a new one for Wilson Creek; they have been a participating supplier in a supply chain finance program sponsored by one of its large steel manufacturing customers.

“We have been using FastTrack for some time now, it has been easy to use and has given us much greater control over our cash flow,” said Dan Bonacci, Interim Chief Financial Officer at Wilson Creek. “As we are looking to grow our business outside of the one customer’s supply chain finance program, eCapital was a natural fit because we have had success working with them in the past.”

“Over the last few years, we have gotten to know the team at Wilson Creek and it is rewarding to grow our relationship with them as their business grows,” said eCapital Regional Vice President DJ Krystopa. “Earning and maintaining the trust of our clients is important and we are proud that Wilson Creek has chosen to deepen their partnership with us.”

eCapital offers (and partners on) myriad flexible options, including accounts receivable, inventory, purchase order, and supply chain finance in facility sizes ranging from $250,000 to $200 million to meet companies’ individual funding needs.

About This Transaction: This transaction was completed by LSQ before its acquisition by eCapital in late 2024. The details reflect the deal as originally announced at that time. Following the acquisition, aspects such as company branding, leadership titles, or organizational structure may have changed.