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News Stories (42 Results) - eCapital

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