Accutrac Capital

What Accutrac Capital does

Accutrac Capital is a Canadian factoring company headquartered in Orillia, Ontario, dedicated exclusively to the transportation sector. The firm purchases receivables from carriers and trucking companies to accelerate cash flow, addressing the working capital gap between freight delivery and broker/shipper payment that is endemic to the trucking industry. Leadership is anchored by founder and President & Co-Founder Charles Sheppard and CEO Ken Judd, with the organization employing 101–250 people across its transportation-focused operations.

In June 2019, Accutrac Capital acquired eCapital Corp (an undisclosed-amount transaction), materially expanding the platform beyond pure transportation factoring into a multi-vertical specialty finance operation. Through eCapital, the combined entity offers a broad working capital product set spanning asset-based lending, accounts receivable financing, supply chain finance (including FastTrack, B2B Buy Now Pay Later, and dynamic discounting), freight factoring, invoice factoring, payroll funding, sales ledger financing, in-transit financing, inventory financing, healthcare receivables financing, and special-situations products such as DIP and CHOW financing. Facility sizes range from $5 million to $250 million.

The business model is asset-based and transaction-driven: revenue is generated through discount/interest spreads on purchased receivables and advances, with pricing customized per facility rather than published as standardized tiers. Distribution is multi-channel, combining direct enterprise and inside sales, embedded/white-label lending to technology partners, and a formal referral partner network spanning turnaround consultants, accountants, commercial loan brokers, attorneys, financial sponsors, bankers, and freight brokers. The combined platform operates across the United States, Canada, and the United Kingdom, serves 42,000+ clients across 80+ industries, and reports 850+ employees and 43 million+ completed transactions, supported by a proprietary mobile application with 24/7 access and weekend funding capability.

Name

Accutrac Capital

Legal name

eCapital Corp.

Website

https://accutraccapital.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Accutrac Capital is a Canadian factoring company dedicated exclusively to the transportation sector, which through its 2019 acquisition of eCapital Corp operates a diversified specialty finance platform offering factoring, asset-based lending, supply chain finance, and embedded lending to 42,000+ SMB and mid-market clients across North America and the U.K.

Ownership category

akta.pro rank

Headquarters

HQ city

Orillia

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Asset-based Lending: Secured lending backed by collateral such as receivables, inventory, and equipment. Facilities sized from $5 million to $250 million for small and medium-sized businesses.
2. A/R Financing / Invoice Factoring: Financing secured by accounts receivable, allowing businesses to unlock cash tied up in unpaid invoices. Provides immediate cash flow rather than waiting for customer payments.
3. Supply Chain Finance: Programs for both buyers and suppliers to optimize cash flow across the supply chain, including dynamic discounting and reverse factoring options.
4. Freight Factoring: Specialized factoring services for transportation and trucking companies, enabling same-day or next-day payments for delivered freight.
5. Healthcare Receivables Financing: Specialized A/R financing for healthcare organizations, addressing the unique cash flow challenges in healthcare billing and reimbursement cycles.
6. Payroll Funding: Working capital solutions specifically designed for staffing agencies to fund payroll while awaiting client payments.
7. Inventory Financing: Capital secured by inventory, particularly for marketplace sellers and consumer goods companies with seasonal demand patterns.
8. B2B Buy Now, Pay Later: Supply chain finance solution enabling buyers to extend payment terms while suppliers receive early payment.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Accutrac Capital is a factoring company dedicated exclusively to the transportation sector, providing freight factoring and working capital financing to trucking companies, carriers, and logistics providers. Through its acquisition of eCapital, the company has expanded into a multi-product specialty finance platform offering asset-based lending, A/R financing, supply chain finance, payroll funding, and healthcare receivables financing to small and medium-sized businesses across North America and the United Kingdom, with facilities sized from $5 million to $250 million.

Product overview

eCapital is a technology-driven specialty finance company offering a comprehensive suite of working capital and financing solutions. The platform operates across three main product categories: Asset-Based Finance (including asset-based lending, A/R financing, inventory financing, and in-transit financing), Supply Chain Finance (including FastTrack platform, B2B Buy Now Pay Later, and dynamic discounting), and Factoring services (including freight factoring, invoice factoring, and payroll funding). The technology platform includes a proprietary mobile app with 24/7 access and embedded lending capabilities for partners. The company serves 80+ industries including healthcare, staffing, consumer goods, and transportation, with facility sizes ranging from $5 million to $250 million.

Differentiator

Problem solved

Functional benefit

Brands

• Liquid Inventory: Inventory-backed capital designed for marketplace sellers.
• FastTrack
• Embedded Lending

Products and services

• Freight Factoring Freight factoring solutions for trucking companies, carriers, and owner-operators, providing same-day or next-day payment upon delivery verification by converting freight bills into immediate working capital.

Named customers6 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and supporting.

• Technology PartnerscoreTechnology or IntegrationeCapital has established a technology partnership program for embedded lending solutions. Technology partners can integrate eCapital's financing capabilities into their own platforms, enabling their customers to access working capital without leaving the partner's ecosystem. The company actively recruits tech partners to expand distribution through white-label and embedded lending arrangements.
• Turnaround ConsultantssupportingImplementation/ SI/ Consulting PartnerPartnership with turnaround consulting firms that advise distressed companies. Consultants refer clients in restructuring situations who need DIP financing, turnaround funding, or specialized working capital solutions.
• Accountants and CPAssupportingImplementation/ SI/ Consulting PartnerReferral partnerships with accounting professionals who identify client financing needs during financial reviews, audits, or tax planning engagements. Accountants serve as trusted advisors who can introduce eCapital financing solutions.
• Commercial Loan BrokerscoreChannel Partner/ Reseller/ DistributorCommercial finance brokers who match businesses seeking financing with appropriate lenders. eCapital serves as a funding source for broker transactions, particularly for asset-based lending, A/R financing, and specialty finance products that traditional banks don't offer.
• AttorneyssupportingImplementation/ SI/ Consulting PartnerLegal professionals engaged in M&A transactions, business sales, or corporate restructuring who refer clients needing acquisition financing, transition funding, or DIP financing. Attorneys benefit from fast funding timelines to meet transaction closing deadlines.
• BankerssupportingChannel Partner/ Reseller/ DistributorInvestment bankers and commercial bankers who encounter clients needing financing beyond traditional bank products. eCapital provides specialty finance solutions when bank credit is unavailable or insufficient.
• Financial AdvisorssupportingChannel Partner/ Reseller/ DistributorFinancial advisors and wealth managers who recommend financing solutions to business owner clients. May include guidance on working capital optimization and strategic financing options.
• Strategic Advisory FirmssupportingImplementation/ SI/ Consulting PartnerStrategic advisory firms and consulting groups that provide business transformation, operational improvement, or financial advisory services. These advisors refer clients needing specialty financing for growth, turnaround, or acquisition initiatives.
• Debt Advisors and Debt CounselorssupportingChannel Partner/ Reseller/ DistributorProfessionals specializing in debt restructuring, renegotiation, and advisory services. They may recommend eCapital's specialty finance products as alternatives to traditional debt or as bridge financing during restructuring.
• Freight BrokerssupportingChannel Partner/ Reseller/ DistributorFreight brokers who arrange transportation services and can recommend eCapital's freight factoring solutions to carriers and trucking companies in their network. Natural ecosystem partnership for transportation industry financing.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Riviera Finance: Riviera Finance is a US-focused factoring and accounts-receivable financing company serving SMBs across multiple industries. Highly comparable to eCapital's invoice factoring and A/R financing lines.
• Stratford Capital Group: Stratford Capital provides asset-based lending, factoring, and working capital solutions to SMBs across North America. Comparable to eCapital's asset-based finance and broader ABL/factoring lines.
• Triumph Business Capital: Triumph is a transportation-focused factoring and working capital provider serving carriers, brokers, and freight intermediaries across the US and Canada. Highly comparable in vertical specialization.
• Apex Capital Corp: Apex Capital is one of North America's largest freight factoring companies, providing non-recourse factoring exclusively to trucking carriers. It is the closest pure-play transportation-sector peer to Accutrac Capital.
• RTS Financial Services: RTS Financial (a TPG Capital-backed company) provides freight factoring, fleet factoring, and trucking working capital solutions. Direct competitor in transportation receivables financing.
• Porter Capital: Porter Capital is a US-based factoring and receivables-management firm serving mid-market and SMB clients. Comparable to eCapital's invoice factoring and ABL product lines in client size and structure.
• TFS Capital / Triumph Financial Services: TFS Capital (a Sun Capital Partners portfolio company) provides asset-based lending, factoring, and supply chain financing to SMBs. Comparable product mix to Accutrac/eCapital's multi-product specialty finance platform.

Broad incumbents

• Bibby Financial Services: Bibby Financial Services is a UK-headquartered global invoice factoring and receivables-financing firm operating across Europe, North America, and Asia. Highly comparable to Accutrac/eCapital's factoring and SCF products, especially relevant post-UK expansion.

Emerging players

• Fundbox: Fundbox provides SMB working capital and invoice financing through embedded integrations with accounting software. Comparable to eCapital's Embedded Lending and digital-first positioning.
• BlueVine: BlueVine is a fintech providing invoice factoring, lines of credit, and working capital to SMBs via a digital platform. Disrupts traditional factors like Accutrac/eCapital with faster, fully-online underwriting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/accutraccapital
• LinkedInlinkedin.com/company/accutrac-capital-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Accutrac Capital