eCapital backs carrier with $9m freight factoring facility

eCapital Corp., a tech-enabled specialty finance provider serving small and midsize businesses across North America and the United Kingdom, has delivered a US$9 million freight factoring facility to support a specialised carrier operating across North American supply chains.

The financing will help the carrier scale its temperature-controlled freight operations while expanding integrated service offerings. As the business grew, leadership sought a single capital partner capable of providing increased funding capacity, improved cost efficiency, and greater transparency across receivables – needs that were not fully met by its previous lender.

eCapital structured a purpose-built freight factoring facility designed to match the fast-moving cash-flow requirements of time-sensitive transportation businesses. The new facility replaces the carrier’s former financing arrangement, expands available credit, and removes constraints that had limited operational flexibility, positioning the company for more sustainable growth.

“That means bringing the right people, expertise, and technology together to deliver working capital solutions that are responsive and aligned with how our clients operate today. This transaction reflects that client-first approach and our ability to support transportation businesses as they strengthen their platforms and plan for what’s next.”

According to eCapital, close collaboration with the client was key to ensuring the facility addressed both funding capacity and operational process challenges.

“We worked closely with the client to structure a facility that addressed both capacity and process challenges,” said Harsh Solanki, Business Development Officer at eCapital. “The accelerated transition to the new facility reflects how our teams deliver a seamless funding experience when timing matters.”