eCapital Accelerates $35 MM in Growth Financing for Leading Colorado Commercial Printer
December 4, 2024
Source: eCapital Corp.
MIAMI, December 4, 2024 – eCapital Corp. (“eCapital”), a leading tech-enabled finance provider specializing in tailored solutions for businesses across North America and the United Kingdom, has provided a $35 million asset-based lending (ABL) facility to a Colorado-based company specializing in large-format digital printing that serves a range of high-profile commercial clients.
Renowned for producing striking billboards, event signage, and other large-scale print solutions for marquee customers, the client sought financing to fuel their growth ambitions. However, strict covenants tied to their prior lender created challenges, ultimately leading to a default that limited their ability to scale. eCapital, with its expertise in navigating complex financial situations and a covenant-light approach, stepped in to provide the flexibility and capital needed to unlock its growth potential. The facility, structured around accounts receivable and inventory, equips the client with the financial agility required to seize new opportunities.
"Businesses with significant growth potential need a finance partner who understands their industry and provides solutions that go beyond the constraints of traditional lending," said Brian Cuttic, CEO, ABL at eCapital. "With fewer restrictive covenants and a customized funding approach, we enable leaders in dynamic industries, such as commercial printing, to overcome obstacles and focus on expansion. We’re proud to be the partner they trust to help power their continued success."
eCapital continues to meet the funding needs of asset-intensive businesses with flexible solutions that address challenges often overlooked by traditional financing providers.
About eCapital Corp.
eCapital is committed to accelerating access to capital for companies in the United States, Canada, and the United Kingdom. By leveraging a team of over 800 experts and proprietary, industry-leading technology, eCapital is creating the future of business funding. With a full suite of products, such as freight factoring, invoice factoring, healthcare receivables financing, asset-based lending, payroll funding, and equipment refinancing, eCapital ensures that businesses have the funds they need to do more. Through its Healthcare, Transportation, Staffing, Consumer Goods, Factoring, and ABL divisions, eCapital delivers customized funding solutions for over 80 industries. To learn more about eCapital, visit eCapital.com.