Pennsylvania

eCapital Creates Credit Facility, AR Management Program to Help Pennsylvania Manufacturer Grow

eCapital, a leading provider of working capital financing and payments solutions, recently originated a $1.5 million credit facility for a Pennsylvania-based manufacturer of briquettes for the steel industry.

The company will utilize the proceeds to increase current production and support future growth.

In addition to the working capital, eCapital will also provide the manufacturer with comprehensive accounts receivable and customer credit management.

“It’s always exciting to work with a new client, learn their business, and find creative ways to help them grow,” said eCapital Regional Vice President D.J. Krystopa. “We are thankful the company has put their trust in us and to the partner for working with us to make this happen for the client.”

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.