Invoice Factoring
$1,000,000
FUNDED- DATEMay, 2024
- DIVISIONManufacturing
- CATEGORYInvoice Factoring
Wittenberg, WI
Putting Community First: eCapital Backs Wisconsin Manufacturer’s Commitment to Employees with $1MM Factoring Facility
This Wisconsin manufacturer of hygiene products is the area’s second-largest employer and a pillar of the community for over 25 years. During the COVID-19 pandemic, when many prioritized short-term profits over long-term relationships, they remained true to their values and honored existing contracts with their clients, even as their costs skyrocketed.
This commitment came at a financial cost. However, the founders refused to give up without a fight. When their bank wasn’t comfortable extending additional credit eCapital stepped in to provide a flexible funding solution to help meet their working capital needs.