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eCapital Provides $900K Factoring Facility to Veteran-Owned Staffing Company

November 09, 2020, 08:50 AM
Filed Under: Staffing Services
Related: eCapital

eCapital, a leading alternative finance provider in North America, announced the company has provided $900,000 factoring facility to a veteran-owned temporary staffing agency that specializes in the placement of healthcare professionals for the U.S. government. The company chose eCapital’s Commercial Finance division because it required a lender that understood the government contracting business and could quickly scale according to its contract demands.

“It’s our privilege to support a company that is veteran-owned and also supports government healthcare workers during these challenging times,” said David Ciccolo, president of eCapital Commercial Finance. “As a specialist in lending to government contractors, eCapital is in a unique position to supply the capital for businesses like these to grow to meet our nation’s needs.”

The staffing company has a long legacy of government contracting experience with more than 30 years in business managing over 475 government contracts with the Department of Defense and Veterans Affairs, and across much of the continental United States. The company is also an accredited Service-Disabled Veteran-Owned Small Business and SBA Small Disadvantaged Business.

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