eCapital acquired the portfolio of UMB Bank’s accounts receivable financing division. This is the 11th acquisition for eCapital within the alternative finance sector in the last four years.
“This acquisition from UMB Bank supports our organizational growth strategy as we continue to advance our position in the alternative finance industry. More specifically, it bolsters our presence across the Midwest and strengthens our service delivery across this important region,” Marius Silvasan, CEO of eCapital, said. “Over the coming weeks, we will seamlessly transition this significant customer base to our market-leading technology platform, ensuring that they receive outstanding access to the working capital they require.”
