eCapital provided a $1.5 million debtor in possession (DIP) factoring facility to an industrial LED lighting company in Chapter 11 bankruptcy. The company will utilize the factoring facility to continue operations as they move through the Chapter 11 process.
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eCapital provided over $10 million in additional funding to clients with existing factoring facilities during the COVID-19 pandemic to help them meet demand for products and services.
... Read MoreeCapital provided a $2 million factoring facility to a hard seltzer provider to support its increasing production demands. The beverage provider selected eCapital due to its experience in funding solutions for the alcoholic beverage industry and ability to provide fast access to working capital.
... Read MoreeCapital provided a $5 million factoring facility to an importer and distributor of wine and spirits. The beverage company will use the factoring facility to support the company’s new imported product available for purchase from major retailers such as Costco, Total Wine & More, and BevMo!, among others in select states across the United States.
... Read MoreeCapital funded a $3 million factoring facility to a distributor of consumer electronics products. The company distributes electronics for top brands including Apple, Samsung, Google, Microsoft, Sony and more, both domestically and internationally.
... Read MoreeCapital provided $900,000 factoring facility to a veteran-owned temporary staffing agency that specializes in the placement of healthcare professionals for the U.S. government. The company chose eCapital’s Commercial Finance division because it required a lender that understood the government contracting business and could quickly scale according to its contract demands.
... Read MoreParagon Financial has provided a $600,000 PO Funding & Non-Recourse Accounts Receivable Financing line of credit to a high-end wine distributor in San Jose, CA.
... Read MoreParagon Financial has provided a $750,000 Invoice Factoring line of credit to a security staffing agency in Miami, FL.
... Read MoreParagon Financial has provided a $1,000,000 accounts receivable financing line of credit to an IT staffing company in San Rafael, CA. Money When Your Business Needs It Most!™
... Read MoreParagon Financial has provided a $1,000,000 receivable financing line of credit to a government supplier in Sacramento, CA. Money When Your Business Needs It Most!™
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