REINVENTION
Chief Product Officer and Chief Operating Officer
HQ: Miami
866-604-8489 • ecapital.com
Through innovations like its newly launched eCapital InstaPay solution, eCapital continues to shape a fundamental shift in how capital is delivered across industries.
eCapital continues to leverage technology to evolve its platform and offerings to ensure small- and medium-sized enterprises have the financial flexibility to rapidly respond to today’s challenges and opportunities.
Traditional funding methods often subject SMEs to typical banking hours and operating times. To address this issue, eCapital introduced a first-of-its-kind, self-funding option, eCapital InstaPay. This followed its 2021 launch of a groundbreaking Visa partnership that allows clients to connect directly to their eCapital account availability.
According to the company, eCapital InstaPay is the only instant funding solution in the specialty finance industry, offering a fast and cost-effective way for clients to self-direct funds with split-second transfers to banks. eCapital conducted considerable research with its client base and leaned into its extensive industry knowledge to design this innovative and tech-enabled funding solution. eCapital InstaPay allows clients to access funds within minutes of an invoice purchase, move cash instantly and reduce fees on money transfers. Funds can then be conveniently managed 24/7, 365 days a year, through the eCapital Connect client portal and/or mobile app.
In addition to launching eCapital InstaPay, the company has continued its aggressive M&A strategy, acquiring Flexible Funding in November 2021, the portfolio of UMB Bank’s accounts receivable financing division in January of this year and CNH Finance in May. The three transactions marked the 10th, 11th, and 12th acquisitions by eCapital in the specialty finance sector in the last four years.
“eCapital is laser focused on using proprietary and scalable technology to deliver game-changing tools, like eCapital InstaPay, to make it easier than ever for SMEs to operate effectively beyond traditional ‘business hours.’”