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eCapital Secures $100MM Junior Capital Facility Increase from Ares Management

October 31, 2024, 07:47 AM
Filed Under: Lender Finance

eCapital closed a $100 million increase to its existing secured junior capital facility with Ares Management Credit funds, bringing the total facility size to more than $330 million.

This latest increase supports eCapital’s continued growth and investment strategy, enabling the company to deepen its commitment to providing working capital solutions to a broad spectrum of SMBs. With a focus on leveraging technology to deliver timely and flexible financing solutions, eCapital is well-positioned to address the evolving financial needs of its customers while driving its own growth strategy.

“This increase in financing reflects the strong relationships we’ve developed with Ares and other financial institutions, highlighting their confidence in our trajectory and strategic vision,” said Marius Silvasan, CEO of eCapital. “The additional liquidity enables us to continue investing in technology and expanding our portfolios, ensuring we remain agile in a dynamic market and able to capitalize on emerging opportunities.”

“We are excited to continue expanding our relationship with eCapital and further support their strategic growth initiatives,” said Scott Rosen, Partner in Ares’ Credit Group. “We believe our scale, coupled with our flexible mandate, makes Ares a strong capital provider for growth-oriented companies like eCapital.”

 







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