eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $815 million. The latest increase follows a $110 million line upsizing completed less than six months earlier. Wells Fargo Bank acted as the administrative agent for the lenders and, with.
As banks collapse, the U.S. dollar is weakened by inflation and the Federal Reserve maintains its aggressive interest rate hike strategy, small and mid-sized companies are at risk.
/PRNewswire/ eCapital Corp. ("eCapital" or "the Company"), a leading finance provider for businesses across North America and the U.K., is pleased to share.
eCapital Asset Based Lending CEO Jennifer Palmer Named President of Secured Finance Network streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.