Consumer Goods Michigan
Putting Community First: eCapital Backs Wisconsin Manufacturer’s Commitment to Employees with $1MM Factoring Facility
Transaction Details
- $1MMFUNDEDPRODUCT
- Manufacturing
INDUSTRY- Wittenberg, WI
LOCATIONMay, 2024This 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.
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