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eCapital is committed to accelerating access to capital for companies in the United States, Canada, and the U.K. By leveraging a team of over 700 experts and proprietary, industry-leading technology, eCapital is creating the future of business funding. With a full suite of products such as freight factoring, invoice factoring, lines of credit, asset-based lending, payroll funding, and equipment refinancing, eCapital ensures businesses have access to the funds they need to do more. Through its Transportation, Staffing, Consumer Goods, Healthcare, Factoring, and ABL divisions, eCapital delivers customized funding solutions for over 80 industries.
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Frequently Asked Questions About eCapital
What is Invoice Factoring?
Invoice factoring is a financing solution that allows your small business or medium sized business to release cash against your outstanding customer invoices before they’ve been paid. Factoring invoices is the fastest way to improve cash flow to your business bank account.
What is Freight Factoring?
Freight factoring, truck factoring or logistics factoring is a specialized form of invoice factoring designed for the transportation industry. It is a mainstream financial strategy that involves factoring transportation receivables by the selling of account receivable invoices at a discounted rate in exchange for immediate cash.
What is Asset-based Lending?
Asset-based lending or some times called a ABL loan is a creative form of debt financing. It allows you to secure a loan based on the value of your business assets. With our asset-based lending program, you can borrow up to 90% of accounts receivable, 60% of inventory, 70% of FMV for M&E and RE and 40% of intellectual property, in addition we lend against credit card proceeds. You are borrowing in the form of a revolving line of credit, which is ideal, because you can use those funds whenever you need money. Since your physical assets are your collateral, there is maximum liquidity and fewer rules. Overall, this is an extremely flexible solution that bridges the buy-and-sell in your business so that you can accelerate your sales cycle.
How does Equipment Refinancing work?
Make payments: You’ll then make payments to eCapital based on the terms of the new loan. This may include a lower interest rate, longer repayment period, or other benefits that improve your cash flow and help you manage your equipment refinancing more effectively.
What services does eCapital offer for businesses?
eCapital offers freight factoring, invoice factoring, asset-based lending, payroll funding, revolving line of credit, and equipment refinancing to help businesses access capital.
What is invoice factoring and how can it benefit my business?
Invoice factoring allows your business to release cash against outstanding customer invoices before they're paid, improving cash flow quickly.
Can you explain freight factoring and who it's designed for?
Freight factoring is a specialized form of invoice factoring for the transportation industry, selling invoices at a discount for immediate cash flow.
What is asset-based lending and how does it work?
Asset-based lending lets you secure a loan based on the value of your business assets, offering a revolving line of credit using your physical assets as collateral.
How does equipment refinancing through eCapital typically work?
You make payments to eCapital based on new loan terms that may include lower interest rates or longer repayment periods to improve cash flow.
Where is eCapital located and how can I contact them?
eCapital is located at 20807 Biscayne Blvd, Suite 203, Aventura, FL 33180, USA. You can contact them at +1 866-604-8489.
How can nearby financial services like Morgan Stanley support my visit to eCapital?
Nearby financial services such as Morgan Stanley can offer complementary expert financial advice and investment services during your visit to eCapital.
What nearby hospitality options are available around eCapital?
The AC Hotel by Marriott Miami Aventura is a nearby hotel where customers can stay when visiting eCapital's office in Aventura.
Are there nearby beauty or wellness services near eCapital's location?
Yes, Beauty Art by Olga Filip offers beauty salon services including hair extensions and hair removal near eCapital's location.
Can visiting nearby shared office spaces like Serendipity Labs benefit eCapital clients?
Yes, Serendipity Labs nearby provides shared office space that could benefit eCapital clients needing flexible workspace solutions during their business activities.