eCapital announced a combined $5 million confidential factoring facility to support the turnaround and growth of two nutraceutical and health supplement companies. The businesses faced financial setbacks following the loss of a key distribution line...
Read Story
December 11, 2024, 07:00 AM
|
eCapital provided a $35 million asset-based lending (ABL) facility to a Colorado-based company specializing in large-format digital printing that serves a range of high-profile commercial clients.Renowned for producing striking billboards, event...
Read Story
December 04, 2024, 08:10 AM
|
eCapital secured a $45 million asset-based lending (ABL) facility for a privately held energy services company based in Texas.The client, a leader in specialized well services, provides technology-focused products across the energy sector. After six...
Read Story
November 25, 2024, 08:03 AM
|
eCapital appointed Chris Huntington as SVP, Business Development Officer within its ABL Group. Based in Boston, Massachusetts, Huntington will enhance the company’s presence on the East Coast, bringing a wealth of specialty finance experience to the...
Read Story
November 21, 2024, 07:58 AM
|
eCapital successfully completed a $30 million asset-based lending (ABL) facility for an established energy services company. The funding will support a significant Employee Stock Ownership Plan (ESOP) transaction, marking a pivotal milestone in the...
Read Story
November 14, 2024, 07:48 AM
|
eCapital announced the successful upsizing of its subsidiaries’ asset-based lending (ABL) facility, which expanded from $815 million to $987 million. This upsizes, agented by Wells Fargo and backed by a syndicate of premier banks, aligns with...
Read Story
November 06, 2024, 08:06 AM
|
eCapital announced the successful acquisition of Optimum Finance Ltd., a Bristol, U.K.-based leader in invoice financing. This acquisition represents a significant milestone in eCapital’s expansion roadmap and reinforces its leadership in the U.K....
Read Story
November 04, 2024, 07:19 AM
|
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...
Read Story
October 31, 2024, 07:47 AM
|
Inc. announced its third annual Power Partner Awards. The prestigious list honors B2B organizations across the country that have proven track records supporting entrepreneurs and helping startups grow. This year’s list recognizes eCapital among 359...
Read Story
October 22, 2024, 07:00 AM
|
eCapital Corp. completed a $50 million confidential factoring facility for a prominent staffing company specializing in power and energy. The company, which utilizes advanced technology and a client-centric strategy to simplify hiring and attract top...
Read Story
October 21, 2024, 08:00 AM
|
eCapital reported strong progress in its Factoring division, surpassing $205 million in funding commitments year-to-date. This benchmark reflects eCapital’s ability to provide essential capital to clients across a wide range of industries to support...
Read Story
October 04, 2024, 08:04 AM
|
eCapital funded a $10 million secured revolving line of credit for a growth-oriented home healthcare and hospice organization in California. This financing will enable the company to strengthen its financial position as it continues to provide...
Read Story
September 06, 2024, 07:50 AM
|
eCapital funded a $15 million confidential factoring plus inventory facility for a U.S.-based sponsor-backed beverage company. This facility will provide the necessary cash flow to sustain the company’s operations as it constructs a new center of...
Read Story
August 15, 2024, 07:38 AM
|
Inc. revealed that eCapital Corp ranks number 1968 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s...
Read Story
August 13, 2024, 06:00 AM
|
eCapital appointed Matthew Tobin as SVP, Business Development Officer within its ABL Group. Based in Los Angeles California, Tobin will enhance the company’s presence on the West Coast, bringing a wealth of specialty finance experience to the role....
Read Story
August 08, 2024, 07:24 AM
|
eCapital announced a new $20 million non-notification factoring facility for a large private transportation company servicing clients across North America. This transaction showcases eCapital's capability to support fleets with substantial working...
Read Story
August 01, 2024, 07:19 AM
|
eCapital appointed Peter Dahill as Chief Financial Officer (CFO). This strategic move demonstrates eCapital’s commitment to bolstering its executive team and advancing its fintech roadmap while ensuring seamless leadership succession. Current CFO...
Read Story
July 16, 2024, 07:46 AM
|
eCapital Corp. successfully facilitated a $3 million confidential factoring line of credit for a consortium of companies providing critical services to the mining sector across Canada. This strategic financing initiative highlights eCapital’s...
Read Story
July 12, 2024, 07:14 AM
|
eCapital upsized an invoice factoring facility for a fast-growing startup food distributor specializing in supplying high-quality food products to Mexico. Demonstrating the agility of its financing solutions, eCapital increased the invoice factoring...
Read Story
June 21, 2024, 07:00 AM
|
eCapital announced the appointment of Matthew Shearer as Senior Vice President of Channel Sales. This strategic move aims to expand eCapital's reach by embedding its financing solutions within third-party platforms and digital marketplaces. “We are...
Read Story
June 17, 2024, 07:40 AM
|
eCapital Corp. funded a $15 million factoring facility for a world-leading technology firm in the transportation industry. This transaction underscores eCapital’s commitment to supporting high-growth companies facing the challenge of single-debtor...
Read Story
June 12, 2024, 07:32 AM
|
eCapital funded a $5 million asset-based lending facility for a leading fiberglass media company. This transaction exemplifies eCapital’s proficiency in supporting companies through ownership transitions, further solidifying its dedication to...
Read Story
June 03, 2024, 07:55 AM
|
eCapital funded a $3.5 million factoring facility for an esteemed book publishing company. This transaction reinforces eCapital's commitment to delivering competitive finance solutions and demonstrates the expertise of its dedicated team in...
Read Story
May 22, 2024, 07:48 AM
|
eCapital completed a $10 million factoring facility for a prominent Canada-based staffing company specializing in the recruitment and management of talent in the global energy sector.Established in the 1970s, the staffing company swiftly ascended to...
Read Story
May 16, 2024, 07:49 AM
|
eCapital funded an $18 million asset-based lending facility for a leading commercial linen services company. This transaction not only demonstrates eCapital's commitment to supporting mid-market businesses but also highlights the value of its...
Read Story
May 13, 2024, 07:48 AM
|
eCapital Corp. closed a $3.5 million confidential factoring facility to a heritage Canadian Organic Food Manufacturer. With a legacy spanning over 40 years, the manufacturer, once the pioneering brand in its category, sought to revitalize its...
Read Story
May 08, 2024, 07:30 AM
|
eCapital Corp. closed a $5 million non-notification ledger line factoring facility for a private equity-backed medical supply company.The client, a Canadian-based medical supply company selling products to the biomedical and pharmaceutical industries...
Read Story
May 03, 2024, 07:28 AM
|
eCapital announced Edward Irvin as the newest member of its business development team. Irvin's appointment strengthens the Company's presence in the Southwest and West Coast regions, enhancing its ability to serve clients. Assuming the role of SVP...
Read Story
April 23, 2024, 07:51 AM
|
eCapital Corp. closed a $7 million asset-based lending deal with a Michigan-based business services provider. This transaction, finalized in late March, highlights eCapital's powerful referral network and dedication to boosting SMB...
Read Story
April 17, 2024, 07:51 AM
|
eCapital Corp. funded a $12 million asset-based lending facility with an $8 million accordion feature for a North Carolina-based distributor specializing in waterworks products and related items for contractors and municipalities. This infusion of...
Read Story
April 15, 2024, 08:00 AM
|
eCapital announced the appointment of industry veteran W. Calvin Navatto as SVP, Business Development Officer. Based out of the Company’s New York office, Navatto brings over three decades of experience and a wealth of industry knowledge to bolster...
Read Story
February 21, 2024, 08:00 AM
|
eCapital appointed Rob Wright as Chief Product Officer. Wright will refine eCapital’s technology vision and product roadmap to strengthen customer experience and accelerate company growth. This involves advancing eCapital's suite of digital finance...
Read Story
February 05, 2024, 07:30 AM
|
eCapital funded a $12 million asset-based lending facility tailored to support a US-based manufacturing company experiencing financial stress.The manufacturing company faced difficulties in meeting the covenants of their existing bank loan, which...
Read Story
January 17, 2024, 07:55 AM
|
eCapital funded a $16 million asset-based loan for a menswear brand apparel company.The New York-based apparel company was seeking a new and reliable financing partner that could offer better pricing, higher advance rates, and a more creative...
Read Story
January 12, 2024, 07:39 AM
|
eCapital appointed Kash Ahmad as Chief Credit Officer, Factoring Group. In this critical role, Ahmad, an experienced global finance expert, will be responsible for overseeing the credit and operational functions of the Company’s North American...
Read Story
January 11, 2024, 08:01 AM
|
eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $815 million. The latest increase follows a $110 million line upsizing completed less...
Read Story
January 08, 2024, 08:03 AM
|
eCapital Corp. announced the appointment of David Gladu as President, Head of Factoring Group, North America. In the new role, Gladu will lead the expansion and advancement of eCapital's substantial factoring portfolio and divisional...
Read Story
October 24, 2023, 08:09 AM
|
eCapital announced a successful summer surge in deals within its Asset-based Lending (ABL) Group. With a combined aggregate value exceeding $160MM in new facility commitments, these recent transactions underscore eCapital's commitment to fostering...
Read Story
September 13, 2023, 07:30 AM
|
eCapital Corp. announced the appointment of Tim Peters to the role of President, Head of the Asset-based Lending (ABL) Group. This strategic move underscores the significant role of the ABL portfolio within the organization and the remarkable growth...
Read Story
August 22, 2023, 08:00 AM
|
eCapital closed a $6MM confidential factoring agreement with a rapidly growing paratransit and assisted mobility business. The Virginia-based corporation encountered challenges in finding a funding partner capable of keeping up with its expansion...
Read Story
August 21, 2023, 07:34 AM
|
eCapital Corp. achieved the 1383rd position on the esteemed 2023 Inc. 5000 list, highlighting an impressive growth rate of 422%. The Inc. 5000 list, renowned for offering a comprehensive data-driven perspective on the achievements of companies...
Read Story
August 16, 2023, 07:36 AM
|
eCapital Corp. announcesd a key addition to its leadership team. Thomas Siska has accepted the role of Senior Vice President (SVP), Head of Factoring, further strengthening eCapital's commitment to securing top-tier talent and enhancing its market...
Read Story
August 15, 2023, 08:03 AM
|
JPalmer Collective, an asset-based lending company launched in March 2023, has expanded its team of finance industry veterans with the appointment of Celina Rambaran as Senior Vice President of Operations. Rambaran will play a critical role in...
Read Story
August 02, 2023, 07:56 AM
|
eCapital Corp. announced a $110 million increase to the syndicated bank facility supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $570 million. Wells Fargo Bank acted as administrative agent for the lenders...
Read Story
August 01, 2023, 07:48 AM
|
eCapital Corp. reinforced its commitment to delivering specialized finance solutions to small to medium-sized businesses by recently appointing two accomplished Business Development Officers (BDOs) to its team. These new hires bring a wealth of...
Read Story
May 12, 2023, 08:00 AM
|
eCapital Corp. announced eCapital Healthcare delivered funding to nine businesses in the healthcare industry during the first quarter of 2023. The transactions, ranging from $1 million to $15 million, represent eight working capital loans and one...
Read Story
April 28, 2023, 07:09 AM
|
On International Women’s Day, SFNet president and former CEO of Gerber Finance and eCapital ABL, Jennifer Palmer, announced the formation of JPalmer Collective. The asset-based lending firm will provide customized financing solutions with white-glove...
Read Story
March 08, 2023, 08:02 AM
|
eCapital Corp. announced that eCapital Healthcare delivered $172.6 million in newly originated credit facilities for businesses in the healthcare industry in 2022. The division delivered financial solutions to healthcare providers in skilled nursing...
Read Story
February 01, 2023, 07:38 AM
|
eCapital Corp. issued $95 million in lines of credit during the fourth quarter of 2022 through its eCapital ABL North America division. With this working capital, the companies – which include CPG products in the home and lawn categories – plan to...
Read Story
January 24, 2023, 07:40 AM
|
eCapital has appointed Todd Zarin as chief legal officer. As part of the executive leadership team, Zarin will oversee eCapital’s in-house legal team and be responsible for all legal operations for the company.“Todd’s proven aptitude and demonstrated...
Read Story
January 18, 2023, 07:40 AM
|
eCapital increased its syndicated bank facility supporting its eCapital Asset Based Lending (ABL) division, including eCapital Healthcare. Wells Fargo Bank acted as the administrative agent for the lenders and, along with Regions Bank, were the joint...
Read Story
December 22, 2022, 07:29 AM
|
eCapital Corp. (“eCapital”), a leading finance provider for businesses across North America and the U.K., was named to Inc. Business Media’s inaugural Power Partner Awards. The program honors B2B organizations across the globe that have proven track...
Read Story
November 04, 2022, 07:00 AM
|
eCapital closed a $20 million working capital line of credit to a prominent consumer packaged goods (CPG) company in the natural odor elimination category. As the category leader, the company needed a financial solution that would accommodate its...
Read Story
October 28, 2022, 07:35 AM
|
eCapital Corp. announced the appointment of Jennifer Palmer, CEO of eCapital Asset Based Lending, to President of the Secured Finance Network (SFNet), a leading industry organization for companies and professionals who deliver and enable secured...
Read Story
October 26, 2022, 08:01 AM
|
eCapital announced the appointments of four Business Developments Officers (BDOs) to further expand the company’s Transportation Division in the U.S. and Canada. As one of the fastest-growing alternative financing companies in the transportation...
Read Story
October 06, 2022, 07:28 AM
|
eCapital closed a $15 million ABL revolving credit facility and a $2 million term loan to TalentBridge, a prominent recruiting and staffing agency with offices across the U.S. The deal adds to eCapital’s deep portfolio and unmatched experience in the...
Read Story
September 15, 2022, 07:14 AM
|
eCapital announced the creation of a new division, eCapital Healthcare, dedicated to serving clients within the healthcare industry with fast and flexible financial solutions designed for their unique needs. The new division will be led by 20+ year...
Read Story
September 13, 2022, 07:55 AM
|
eCapital Corp. announced a $30 million working capital lending facility to a leading, multinational company in the oilfield services industry, completed under eCapital’s Commercial Finance division.To strengthen its competitive edge in the market...
Read Story
August 17, 2022, 07:00 AM
|
eCapital showcased its commitment to providing faster and more flexible payroll funding solutions to staffing companies by issuing over $53MM in new and increased facilities as of June 2022.Under the guidance of staffing industry financing veteran...
Read Story
July 27, 2022, 07:32 AM
|
eCapital appointed Mark Wilson as chief technology officer. As part of the executive leadership team, he will be responsible for advancing all platforms and improving infrastructure to execute the company’s technical vision and facilitate its ability...
Read Story
May 31, 2022, 07:28 AM
|
eCapital closed a $21 million working capital line of credit to a Southern California automotive company. Operating profitably in a competitive industry for over a decade, the company previously met its specialized funding needs via private...
Read Story
May 23, 2022, 07:44 AM
|
eCapital Corp. named Raphael Torres its new Managing Director of Staffing, a key division of its Commercial Finance group. Torres will lead a specialized team of account management and operations professionals to support the unique financial needs of...
Read Story
May 05, 2022, 07:50 AM
|
eCapital Corp., a leading finance provider for businesses across North America and the UK, announced the acquisition of CNH Finance, a Connecticut-based, specialty finance company focused on the healthcare industry.The deal, which closed Monday, May...
Read Story
May 03, 2022, 08:00 AM
|
eCapital Commercial Finance announced the issuance of a $10 million asset-based line to a healthcare technology staffing service provider. The demand for healthcare technology consultants is at a record high, requiring the specialized skills of...
Read Story
April 08, 2022, 08:02 AM
|
eCapital announced the launch of the Five Star Load Board and Five Star Dispatch platforms under the Five Star brand. These tools have been designed specifically for the underserved owner-operator, small fleet and freight brokerage segments as part...
Read Story
March 28, 2022, 06:00 AM
|
eCapital provided nearly $18 million in payroll funding solutions to 17 staffing companies since the inception of its staffing division in late 2021. eCapital helps staffing businesses get faster approval, more flexibility with hassle-free solutions...
Read Story
March 02, 2022, 07:30 AM
|
eCapital Commercial Finance’s Asset Based Lending division, announced the issuance of a $6 million CAD asset-based line to a Canada-based building materials and flooring company servicing both retail and wholesale clients. The company selected...
Read Story
February 16, 2022, 07:32 AM
|
Gerber Finance, an eCapital company, announced the closing of a $10MM line of credit to ZOA Energy. A better-for-you, clean energy drink created for the everyday warrior, ZOA Energy offers vitamins and nutrients that boost immune systems and provide...
Read Story
February 08, 2022, 08:00 AM
|
eCapital Corp. announced the acquisition of UMB Bank’s Accounts Receivable Financing division portfolio.“This acquisition from UMB Bank supports our organizational growth strategy, as we continue to advance our position in the alternative finance...
Read Story
January 27, 2022, 08:00 AM
|
eCapital Commercial Finance’s Asset Based Lending division announced the issuance of a $15,000,000 asset-based lending credit facility to a Dallas-based frozen foods manufacturer.The private company needed a full-service financial solution to provide...
Read Story
December 15, 2021, 07:35 AM
|
eCapital Commercial Finance provided a $6,500,000 asset-based lending credit facility to a California-based food and general products distributor.The company needed a larger working capital facility to support their growth needs. eCapital was able to...
Read Story
December 02, 2021, 07:00 AM
|
eCapital named Brian Gagel as Managing Director of General Factoring in its Commercial Finance division. He will report to Dave Ciccolo, the CEO of the division, and will lead a team of account management and operations professionals to support the...
Read Story
November 23, 2021, 08:00 AM
|
eCapital Corp. announced?it has named Brian Cuttic Managing Director, Asset Based Lending (ABL). He brings over three decades of experience to the role and will be instrumental in serving the ABL needs of small and medium-sized businesses across...
Read Story
November 02, 2021, 07:40 AM
|
eCapital has named Jeffrey Duclow as Senior Vice President, Business Development Officer. Duclow brings more than 30 years of expertise providing working capital financing to staffing companies.In this role, Duclow will be responsible for new...
Read Story
September 27, 2021, 07:22 AM
|
Gerber Finance, an eCapital company, announced the closing of a $7.5 million line of credit to Pact, maker of sustainable, certified organic cotton clothing. Gerber Finance closed the deal under its Naturally Gerber division, which works with...
Read Story
September 22, 2021, 07:48 AM
|
eCapital named Amanda Rudd as SVP, Director of Business Development for its Freight Factoring Division. Rudd brings more than 13 years of expertise providing accounts receivable financing to small and large trucking companies and freight brokers.In...
Read Story
September 16, 2021, 07:14 AM
|
Gerber Finance, an eCapital portfolio company and leading finance partner for companies experiencing accelerated growth, announced the appointment of Karim Habib as Managing Director, Business Lending – Canada. The expansion marks Gerber’s first...
Read Story
July 16, 2021, 08:10 AM
|
Gerber Finance, an eCapital company and leading finance partner for companies experiencing accelerated growth, closed a $6 million line of credit to natural products company, Puracy, a plant-based personal care and cleaning products company. The deal...
Read Story
June 24, 2021, 08:00 AM
|
eCapital Corp. achieved substantial growth in 2020 and consolidated a total of eight acquired entities into a simplified corporate structure. In its 2020 growth surge eCapital provided its clientele access to over $4 billion in financing across 80...
Read Story
April 14, 2021, 07:21 AM
|
eCapital Commercial Finance (“eCapital”), a division of eCapital Corp. provided a $1.5 million debtor in possession (DIP) factoring facility to an industrial LED lighting company in Chapter 11 bankruptcy. The company will utilize the factoring...
Read Story
January 19, 2021, 06:24 AM
|
eCapital Commercial Finance, a division of eCapital Corp., a leading North American alternative financing solution provider for small and medium businesses, today announced it has provided a $2 million factoring facility to a hard seltzer provider to...
Read Story
December 07, 2020, 08:50 AM
|
eCapital Corp. announced it has acquired UK-based specialty lender and factoring company Advantedge Commercial Finance. The acquisition will allow eCapital to continue building out its full suite of specialty lending solutions and geographically...
Read Story
December 01, 2020, 08:50 AM
|
eCapital, a leading alternative finance provider in North America, has named Kash Ahmad executive vice president and chief credit officer of its Commercial Finance division. Ahmad will report to Tony Howard, eCapital Corp.’s chief credit and...
Read Story
November 24, 2020, 08:05 AM
|
eCapital, a leading alternative finance provider in North America, announced the company has provided $900,000 factoring facility to a veteran-owned temporary staffing agency that specializes in the placement of healthcare professionals for the U.S....
Read Story
November 09, 2020, 08:50 AM
|
eCapital Corp, a leading alternative finance provider in North America, today announced that Charles Sheppard, formerly president of the eCapital Freight Factoring Division, has been named Chief Operating Officer (COO) of eCapital Corp. In this new...
Read Story
October 26, 2020, 09:01 AM
|
eCapital Corp. has acquired the factoring portfolio of REV Finance Group Inc., an affiliate of Roly’s Trucking Inc. and R.E.G. Logistics Inc., a Los Angeles-based family of transportation, warehousing and logistics companies. Roly’s Trucking was...
Read Story
August 26, 2020, 08:45 AM
|