eCapital receives US$245m increase in funding for ABL activity
eCapital has signed a US$245m increase in the credit facility provided by syndicated banks to support the development of its asset-based lending activity and be able to enlarge its working capital offerings towards local SMEs. This increase brings the total amount of the facility to US$815m and the total bank exposure, by adding the other two syndicated loans, to more than US$1.6bn.
All news and features older than 7 days are subscription only. This article is from the archive. Archived articles could only be accessed with the subscription. If you are a subscriber please log in, alternatively you need to purchase a subscription to view the full content for this page.
Posted on Jan 8, 2024 Region: USA
asset based lending eCapital, Marius Silvasan
