FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


eCapital Provides $10MM ABL Facility for Healthcare Technology Staffing, Consultancy Firm

April 08, 2022, 08:02 AM
Filed Under: Staffing Services

eCapital Commercial Finance announced the issuance of a $10 million asset-based line to a healthcare technology staffing service provider.
The demand for healthcare technology consultants is at a record high, requiring the specialized skills of healthcare technology professionals such as project managers, architects, network engineers and analysts. As experts in providing industry-specific staffing solutions and training, the firm has experienced rapid growth, outpacing the traditional credit capabilities of its commercial bank.  
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 position as a leader in the industry.  
“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 versus demand,” said Brian Cuttic, Managing Director of eCapital’s Commercial Finance division. “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.”

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.