eCapital Corp., through one of its subsidiaries, has acquired 100% of the ownership equity of Prosperity Funding Inc., a Fort Lauderdale-based factoring company. Founded in 2007, Prosperity has focused on providing accounts receivable financing and working capital solutions to small and medium-sized companies throughout the United States. Though Prosperity finances clients across numerous industries, it has a focused specialty within the Staffing industry.

Marius Silvasan, CEO of eCapital, said: “We are excited to finalize the acquisition of Prosperity and deepen our product offerings and exposure to the Staffing industry. This transaction furthers our corporate mission of providing financing to key, strategic industries while continuing as a leading North American provider of working capital to the SME market.”