Transportation Canada
eCapital Creates $3MM Invoice Finance Facility for N.J.-based Aerospace Manufacturing Firm
Transaction Details
- $3MMFUNDED
- Accounts Receivable Financing
PRODUCT- Manufacturing
INDUSTRY- New Jersey
LOCATIONMay, 2024eCapital, a leading provider of working capital and payments management solutions, recently originated a $3 million accounts receivable credit facility for an aerospace manufacturer based in New Jersey.
The company was referred to eCapital by a former client.
As part of the partnership, eCapital will also provide the company with comprehensive accounts receivable and customer credit management.
“The company is set for remarkable growth, and the additional working capital and services from this facility provide the necessary tools to capitalize on available opportunities,” said DJ Krystopa, eCapital Regional Vice President. “We appreciate their trust in eCapital as a trusted partner in their success.”
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.
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- Accounts Receivable Financing