eCapital provides $15m ABL facility to metal wholesaler

eCapital Corp. has delivered a $15 million asset-based lending facility to a California-based metal wholesaler, strengthening the company’s liquidity as it looks to expand inventory and support future growth.

The facility, which advances against both accounts receivable and inventory, is designed to enhance purchasing flexibility and ensure the business can meet rising customer demand. The borrower supplies hard metals to aerospace manufacturers and other critical-application industries, where consistent stock availability and quality assurance are essential.

With a strategy centred on maintaining deep inventory levels to support highly specified applications, the company required a financing solution that could unlock greater borrowing capacity against inventory. The new facility provides a stronger financial foundation while positioning the business for future banking relationships.

The transaction was introduced through a referral partner and the company’s existing bank, with Matthew Tobin, SVP Business Development Officer at eCapital, playing a key role in structuring the deal to align with the firm’s operational and long-term capital objectives.

“Inventory availability is often the operational heartbeat of wholesale and industrial businesses,” he said. “Our role is to structure facilities that not only support today’s working capital needs, but also create the financial flexibility required for companies to strengthen supplier relationships, meet customer demand, and scale with confidence.”