• $3,500,000

    FUNDED
  • DATEAugust, 2023
  • DIVISIONHealthcare
  • CATEGORYAsset Based Lending
Midwest, USA

eCapital Supports Growth for Independent Midwest Pharmacy with $3.5MM Credit Line

This rapidly growing independent specialty pharmacy in the Midwest secured a $3.5 million senior secured revolving line of credit from eCapital, providing the company with the vital working capital needed to continue its upward trajectory.

This transaction underscores eCapital’s commitment to supporting the evolving healthcare landscape, particularly independent providers. The pharmacy, previously without an established lending relationship, found a valuable partner in eCapital. Expertise in healthcare financing, combined with a flexible approach to deal structuring, enabled eCapital’s healthcare team to tailor a solution that met the pharmacy’s specific needs. The revolving line of credit structure provides the much-needed capital for the pharmacy to expand its inventory and serve an even wider patient base.

By providing access to essential working capital, eCapital empowers independent pharmacies like this one to compete effectively and deliver exceptional care to their communities. This partnership demonstrates eCapital’s dedication to fostering innovation and growth within the healthcare sector.

LATEST TRANSACTIONS


Hayward, CA

$15,000,000

Technology

Invoice Factoring

Details
Denver, CO

$1,000,000

Apparel

Invoice Factoring

Details
Theodore, AL

$1,500,000

Business Services

Invoice Factoring

Details