Healthcare United States
eCapital Delivers $7M Tailored ABL Financing for Women’s Apparel Company
Transaction Details
- $7MMFUNDEDPRODUCT
- Apparel
INDUSTRY- New York, NY
LOCATIONOctober, 2024A women’s apparel company based in New York sought a flexible financial solution to enhance its working capital. With a referral from their bank, they turned to eCapital, which provided a $7 million asset-based lending facility.
eCapital’s innovative approach to the borrowing base, which includes accounts receivable (AR) and inventory, allowed the company to access the necessary working capital to streamline operations and respond to market demands. This partnership empowers the apparel company to focus on growth and effectively meet the needs of its customers.
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