Ebusco secures €27.4 million working capital to deliver order book and support growth
Ebusco has secured approximately €27.4 million in working capital through shareholder loans and supply chain partner support to fund its order book deliveries.
- €27.4 million
- 119 buses
- 123
What Happened
Ebusco has secured a €27.4 million working capital package consisting of a €7.10 million bridge loan from existing shareholders, €10.65 million in support from an Asian supply chain partner, and a €9.64 million loan agreement with that same partner replacing an existing payable. The funds will support delivery of its order book and transition to an asset-light Original Equipment Designer (OED) model.
“We are extremely appreciative of the ongoing support from some our core shareholders. This funding marks an important step for Ebusco. The improved working capital position helps us to deliver our existing order book and to strengthen our position to capture growing demand for zero-emission public transport.”
Ebusco delivered 123 buses in FY 2025 and currently has a fixed order book of 119 buses it expects to deliver in 2026, with the majority weighted toward the second half of the year.
Why this matters
This funding helps Ebusco convert its order book into cash and pursue new business, supporting its transition to an asset-light model. It also eases near-term cash outflow through a loan agreement that replaces an existing payable.
Terms in This Story
- Working capital
- Money used for day-to-day operations, like paying suppliers and covering short-term expenses.
- Bridge loan
- Short-term financing used until permanent funding is secured.
- OED (Original Equipment Designer)
- A company that designs and assembles products using parts sourced from suppliers, rather than manufacturing everything itself.
Summarised from the linked release; details can be imperfect — always verify against the original source.