Marius Silvasan, CEO of eCapital, a finance provider for businesses across North America and the U.K., was named a Best in Biz Awards bronze winner in the Executive of the Year – Medium Companies category.
Technology’s ability to simplify and consolidate products has always fascinated Charles Sheppard, chief product officer and chief operating officer at eCapital, and that fascination has fueled his desire to simplify processes to lower costs for customers and partners.
eCapital appointed Mark Wilson chief technology officer. As part of the executive leadership team, Wilson will be responsible for advancing all platforms and improving infrastructure to execute the company’s technical vision and facilitate its ability to scale.
eCapital named Charles Sheppard, formerly president of the company’s freight factoring division, chief operating officer. In this new role, Sheppard will oversee both the eCapital freight factoring and eCapital commercial finance divisions.
Global Merchant Fund, a provider of factoring and asset-based lending solutions to middle-market companies, acquired Accutrac Capital, a factoring company dedicated exclusively to the transportation sector.
Accutrac Capital acquired the portfolio assets of Sienna Transportation Finance, a New Jersey-based freight factoring company.