eCapital Provides $10MM ABL Facility to Healthcare Tech Staffing and Consultancy Firm

eCapital Commercial Finance, a division of eCapital, issued a $10 million asset-based line of credit to a healthcare technology staffing service provider.

In seeking out and partnering with eCapital, the firm will now have immediate access to working capital and the flexibility to make business decisions that keep in stride with the fast-moving healthcare technology staffing industry. Funding from eCapital will help support the Michigan-based firm’s ability to increase its market share nationwide and increase its market position.

“It’s easy to understand why there has been such phenomenal growth in staffing related to healthcare technology; this is a true case of supply vs. demand,” Brian Cuttic, managing director of eCapital’s commercial finance division, said. “We are pleased to offer innovative financing solutions and expertise that will ultimately allow for more of these essential professionals to be skillfully placed where they are needed.”