eCapital Corp., a technology-enabled provider of financing solutions for small and medium-sized businesses (SMBs) across North America and the U.K., announced the renewal and upsizing of commitments under its core factoring facility from $725 million to $917 million. This expansion brings the company’s total bank facility commitments to just over $2.1 billion. The core facility, structured as a three-year agreement, is agented and syndicated by Wells Fargo.
The $192 million increase highlights the strength of the longstanding partnership between eCapital and its bank group. As one of several key funding sources, the facility plays a critical role in supporting the company’s ability to scale its working capital solutions across a broad and diverse client base. It also reinforces eCapital’s commitment to disciplined capital management and sustained growth.
“In today’s economic climate, consistency and access to capital matter more than ever,” said Marius Silvasan, CEO of eCapital. “This renewal and upsizing reflect the caliber of our performance and the confidence placed in our model by leading institutional partners. It positions us to continue meeting the evolving needs of SMBs in a complex and rapidly changing market.”
The expanded facility increases eCapital’s ability to finance its growing base of factoring clients, enabling swift, agile responses to demand while maintaining a disciplined approach to credit and underwriting.
Wells Fargo remains the agent on the facility, continuing its central role in a broader syndicate of financial institutions supporting eCapital’s momentum as a leading non-bank lender to the SMB market.
