eCapital Provides $65 Million Working Capital Facility, Implements AR Management Program for Continuum Global Solutions

Transaction Details

  • $65MM
    FUNDED
  • Accounts Receivable Financing
    PRODUCT
  • Business Services
    INDUSTRY
  • United States
    LOCATION
April, 2022

eCapital, a leading provider of working capital finance and payments solutions, recently funded a $65 million working capital facility for Continuum Global Solutions, a provider of omnichannel contact center services worldwide via voice and non-voice channels such as chat, email, and social media.

Continuum will use eCapital’s invoice finance facility to replace an existing line of credit. eCapital will also be providing the company with comprehensive accounts receivable management solutions, including customer credit, risk management, and collections through the eCapital FastTrack® platform.

“This new facility with eCapital allows Continuum to continue our growth plans for the foreseeable future,” said Michael Flodin, CEO at Continuum. “The structure of the arrangement also allows us the flexibility needed to achieve these goals.”

eCapital worked extensively with strategic partner Skyview Capital to complete the financing for its portfolio company Continuum, according to Miguel Serricchio, eCapital Executive VP of Channel Management and Strategy.

“The company is looking forward to this new relationship and appreciative for the creative structure which allows Continuum to stay on its growth trajectory,” said Dean Estrada, Managing Director at Skyview Capital.

“We are extremely appreciative of the opportunity to work with Continuum as they continue to grow their business,” said Serricchio. “Working with partners like Skyview is the lifeblood of all that we do to serve clients, and we are honored that they put their trust in us to help further their business relationships.”

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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