Ohio

eCapital Creates $20MM Invoice Finance Facility for Ohio-based Aerospace Tooling Manufacturer

eCapital, a leading provider of working capital and payments management solutions, recently originated a $20 million accounts receivable credit facility for an Ohio-based aerospace tooling and precision assemblies manufacturer.

The company was referred to eCapital by a wealth management advisor. The additional working capital will be used to pay off an existing line of credit and support manufacturing growth after a change in ownership.

As part of the partnership, eCapital will also provide the company with comprehensive accounts receivable and customer credit management.

“The manufacturer is in a great place for explosive growth in their business and the additional working capital and services from this facility gives them the tools to take advantage of the available opportunities,” said eCapital Regional Vice President DJ Krystopa. “We appreciate the faith they put in eCapital as a trusted partner in their success and the confidence the wealth management advisor has in us to support their client.”

“This infusion of working capital will help their business accommodate sales growth, while also providing the necessary back-office operations to help better manage their account receivables,” said eCapital Senior Underwriter Kevin Wright.

eCapital offers (and partners on) myriad financing options, including accounts receivable, inventory, and supply chain finance in facility sizes up to $200 million. We can help companies of all sizes and stages solve for high growth, challenged credits, tripped covenants, high debtor concentrations and bankruptcies.

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.