eCapital signs US$35m ABL facility for leading US commercial printer

eCapital provided a US$35m asset-based lending (ABL) facility to a Colorado-based company specialising in large-format digital printing that serves a range of high-profile commercial clients.

The company 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.

“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,” said Brian Cuttic, CEO, ABL at eCapital.

Source: eCapital