Healthcare United States
eCapital Creates $1MM Credit Facility, AR Management Program for International Toiletry Manufacturer / Distributor
Transaction Details
- $1MMFUNDED
- Accounts Receivable Financing
PRODUCT- Consumer Goods
INDUSTRY- United States
LOCATIONJune, 2022eCapital, a leading provider of working capital finance and payments solutions, recently originated a $1 million credit facility and accounts receivable management program for an international manufacturer and distributor of private label bath, body and home fragrance products.
The company will use the additional capital to grow its geographic footprint in the United States and expand its existing product lines.
As part of the partnership, eCapital will also provide the company with comprehensive accounts receivable and customer credit management. The company was referred to eCapital by a strategic partner.
“It is exciting to work with a company that is coming to the United States after being successful across Africa and Europe,” said Kyle A. Rich, eCapital Senior Business Development Officer. “They have a huge client here and outstanding potential for growth. We are proud to be able to help them and, as always, are thankful for the referral from a great partner.”
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.
Latest Transactions
Start your journey with a world-class leader in specialty finance
Start an application instantly to get started OR contact us to design a custom financing package for your business.
Expert-Backed Financing, Tailored for Your Business
Leverage our expertise and dedicated support to build a custom funding solution—quickly and efficiently.
Discover the speed of tech-enabled funding
Learn how we’re using cutting edge technology to get you the capital you need faster than ever before.
- Accounts Receivable Financing