Growing Truck Parts Distributor Secures $3MM Asset-Based Lending Facility

A rapidly growing truck parts distributor partnered with eCapital to secure a $3 million asset-based lending facility after outgrowing the borrowing capacity of its existing bank relationship.

The company had experienced significant growth, driven by strong market demand and a recent acquisition. As accounts receivable and inventory levels increased, its existing lender was unwilling to expand the credit facility or offer an asset-based lending solution capable of supporting the company’s evolving needs.

eCapital provided a flexible asset-based lending facility leveraging both accounts receivable and inventory, giving the business the liquidity required to support continued growth, improve working capital availability, and pursue additional acquisition opportunities.

With enhanced access to capital and increased borrowing flexibility, the company is well positioned to execute its growth strategy and capitalize on future expansion opportunities.