Texas lumber distributor well-positioned for growth with a $500K factoring line from eCapital.

Transaction Details

  • $500K
    FUNDED
  • PRODUCT
  • Distribution
    INDUSTRY
  • El Paso, TX
    LOCATION
January, 2023
This Texas lumber distributor was having to turn down orders due to a lack of working capital. One of our broker partners referred them to us for an invoice factoring solution. Despite having only one debtor, we were able to quickly provide an invoice factoring facility with an advance rate of 90%, giving them access to working capital to take on more orders and grow their business.

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