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eCapital Provides $6MM Asset-Based Lending Facility for Agriculture Supply Company

December 07, 2021, 08:00 AM
Filed Under: Agriculture

eCapital Commercial Finance’s Asset Based Lending division issued a $6 million asset based line to a Florida-based agriculture supply company servicing both retail and wholesale clients. The company selected eCapital for its competitive rate, flexible structure and ability to provide fast access to working capital.

The agriculture supply company is rapidly growing and needed a lender to accommodate their expansion. Not only will eCapital match the company’s need for quick access to working capital today, but it provided the financing needed for the company to meet the seasonal demands of an agricultural business.

“The agricultural industry has been growing substantially,” said Brian Cuttic, Managing Director of eCapital’s Asset Based Lending Division. “We are excited to deliver the financing solutions required to assist this supplier in increasing its operations and production.”

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