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Siska Named SVP, Head of Factoring at eCapital

August 15, 2023, 08:03 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 position.

Having demonstrated his capabilities across various roles in both startup and large-scale companies, Siska brings a distinctive blend of insights to the eCapital team. His reputation for delivering concrete results and unwavering dedication to the industry uniquely qualify him for his new role. With a formidable track record in the factoring arena, Siska takes on the responsibility of overseeing operations and spearheading sales for the Factoring Group in various sectors, with the exception of the specialized Transportation segment. As SVP, Head of Factoring, he will report directly to the President, Head of Factoring Group, North America.

Siska's career is a showcase of transformative successes, solidifying his stature in the financial sector. Notably, he drove impactful Sales & Marketing strategies at Sterling Commercial Credit LLC, culminating in a game-changing acquisition. At Grasshopper Bank N.A., he played a pivotal role in establishing a thriving commercial and asset-based lending group and his skill in integrating and overseeing acquisitions at North Mill Capital LLC underlined his strategic acumen. His talent for nurturing winning teams and delivering impressive outcomes has yielded an impressive $100MM in stakeholder value across diverse startup and turnaround ventures.

"I'm honored to join the eCapital team, and the company’s growth strategy and fintech vision are what drew me to the role,” Siska remarked. "I'm enthusiastic and motivated to leverage my experience in exploring new opportunities for the division while being an integral part of this esteemed team.”

Andrew Suedbeck, recently promoted to the position of Managing Director, Factoring, will report directly to Siska. This collaboration promises a dynamic and strategic approach to driving the Factoring Group forward.

"Tom is a welcome addition to our leadership team," commented Marius Silvasan, CEO of eCapital. "He is widely recognized and respected in the industry, and his achievements in the factoring domain make his addition a significant win for us. With Tom on board, we are not only advancing the progress of our Factoring Group but also elevating our overall capabilities. His arrival reinforces our commitment to delivering innovative financing solutions to our clients, and we look forward to witnessing the positive impact he will undoubtedly bring."

As eCapital continues to expand its operations and strengthen its presence in the United States, Canada, and the U.K., this appointment aligns seamlessly with the Company's core values and its commitment to empowering businesses across diverse industries. eCapital is well-poised to shape the future of business funding.





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