California

eCapital Provides $5 Million Working Capital Facility, AR Management Program for California Trucking Firm

eCapital, a leading provider of working capital finance and payments solutions, recently created a $5 million working capital facility and accounts receivable management program for a California-based trucking and logistics company.

The company will use the additional capital to support growth and new customer acquisition.

In addition to the working capital facility, eCapital will provide the company with comprehensive accounts receivable and customer credit management. The trucking company was referred to eCapital by strategic partner DELCO Advisory Group.

“It was a pleasure working with the partner and client on this deal,” said eCapital Senior Business Development Officer Kyle A. Rich. “In my 11 years at eCapital, this was one of the most responsive clients I have worked with so we were able to get them funded in three weeks. We look forward to helping the company achieve its growth goals.”

“eCapital is excited about entering into this partnership and are looking forward not only to continuing to help them grow but helping them operationally as well,” said Emily Lebron, eCapital Senior Underwriter. “Their eagerness to close helped us analyze the risk and get them to the finish line quickly.”

Jeff Delli Paoli, CEO of DELCO Advisory Group, credited the eCapital team for helping to get the deal done so quickly.

“Working closely with the eCapital team was a very positive and pleasant experience,” said Delli Paoli. “They listened to the needs of the client, helped set realistic expectations, and were able to fund within 3 weeks.”

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.