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eCapital Provides Women-Owned New Jersey Staffing Company with $1MM AR Facility to Support Growth

Transaction Details

$1MM
FUNDED
PRODUCT
Staffing
INDUSTRY
Wayne, NJ
LOCATION

March, 2024

Based in Wayne, New Jersey, this 100% women-owned and operated staffing company was referred to eCapital by a valued industry partner. The staffing firm required a flexible accounts receivable facility to better manage cash flow and sustain operations. eCapital was able to structure a funding solution that provided the company with more availability at a competitive rate, with the potential to increase the facility size as the business continues to grow.