eCapital Provides $10MM ABL Facility for Behavioral Health Facility in Tennessee
MIAMI, Feb. 6 ,2025 — eCapital Corp. ("eCapital"), a leading tech-enabled specialty finance provider for small and medium-sized businesses across North America and the United Kingdom, has provided a $10 million asset-based lending (ABL) facility to support the growth and operational needs of a behavioral health facility in Tennessee. The funding addresses the challenges of growing operational demands and fluctuating cash flow cycles, while positioning the health facility for long-term success and sustainable growth.
The behavioral health facility provides essential services to individuals in the community seeking mental health and wellness support. However, increasing demand and fluctuating revenue cycles have created a need for a tailored financing solution to stabilize cash flow and improve operational efficiency. To address these challenges, the facility sought a partner with deep expertise in healthcare financing and turned to eCapital for its industry knowledge and proven track record in delivering flexible financing solutions.
eCapital’s ABL line-of-credit provides the working capital necessary to overcome these challenges, helping the facility address immediate financial needs while laying the foundation for long-term growth. By leveraging accounts receivable, the facility can maintain liquidity, streamline operations, and focus on delivering exceptional care to its patients.
“This behavioral health facility is dedicated to improving lives through compassionate care and innovative programs,” said Tim Peters, President, Head of ABL Group at eCapital. “We’re proud to provide a customized financing solution that empowers them to navigate industry challenges, strengthen operational stability, and achieve their growth objectives.”
eCapital’s flexible financing helps businesses navigate complex financial challenges and achieve long-term stability. Meet the eCapital Healthcare team at the eCap Summit in Miami, Florida, from Feb. 10-12, an event bringing together financial experts and industry leaders to discuss key trends, regulatory changes, and investment shifts in healthcare.
About eCapital Corp.
eCapital is committed to accelerating access to capital for companies in the United States, Canada, and the United Kingdom. By leveraging a team of over 850 experts and proprietary, industry-leading technology, eCapital is creating the future of business funding. With a full suite of products such as freight factoring, invoice factoring, healthcare receivables financing, asset-based lending, payroll funding, and equipment refinancing, eCapital ensures that businesses have the funds they need to do more. Through its Healthcare, Transportation, Staffing, Consumer Goods, Factoring, and ABL divisions, eCapital delivers customized funding solutions for over 80 industries. To learn more about eCapital, visit eCapital.com.