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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo Agents ABL Credit Facility Upsize to $987MM for eCapital
Wednesday, November 6, 2024
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Lenders/Participants
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Wells Fargo Bank [Agent]
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Structure
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Asset Based Credit Facility Upsize
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Amount
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$987.000
Million
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Borrower(s)
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eCapital Corp.
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Description
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This $172 million increase follows an earlier expansion announced in October and marks the second major enhancement to eCapital’s ABL facility in 2024, underscoring investor confidence in the company’s growth trajectory. The additional capital will enable eCapital to better address the evolving financial needs of SMBs while advancing its own growth through investments in proprietary technology and innovative financing solutions.
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Industry
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Lender Finance
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| Related Tags |
eCapital, Lender Finance, Wells Fargo Bank
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ABL Advisor
Deal Tables
2024
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