eCapital Promotes Gillespie to Chief Human Resources Officer

eCapital, an alternative finance provider in North America, promoted Jaime Gillespie to chief human resources officer. In her new role, Gillespie will oversee employee engagement, talent management and leadership development.

January 22, 2021 eCapital | Jaime Gillespie | Marius Silvasan Phil Neuffer

eCapital Supplies $1.5MM DIP Factoring Facility to LED Lighting Company

eCapital Commercial Finance, a division of eCapital, provided a $1.5 million debtor-in-possession factoring facility to an industrial LED lighting company in Chapter 11 bankruptcy.

January 19, 2021 bankruptcy | Chapter 11 | Dave Ciccolo | Debtor in Possession Financing | eCapital | eCapital Commercial Finance | Factoring Phil Neuffer

eCapital Provides More Than $10MM in Factoring Facilities

eCapital Commercial Finance, a division of eCapital, has delivered more than $10 million in additional funding to clients with existing factoring facilities during the COVID-19 pandemic to help them meet demand for products and services.

January 11, 2021 David Ciccolo | eCapital | eCapital Commercial Finance | Factoring Phil Neuffer

eCapital Commercial Finance Delivers $2MM Factoring Facility to Hard Seltzer Provider

eCapital Commercial Finance, a division of eCapital, provided a $2 million factoring facility to a hard seltzer provider to support its increasing production demands.

December 7, 2020 David Ciccolo | eCapital | eCapital Commercial Finance Ellie Delany

Ahmad Joins eCapital as EVP, Chief Credit Officer of Commercial Finance

eCapital, a North American alternative finance provider, named Kash Ahmad executive vice president and chief credit officer of its commercial finance division. Ahmad most recently served as managing director for Bibby Financial Services Canada.

November 24, 2020 eCapital | Kash Ahmad | Tony Howard Ellie Delany

eCapital Supplies $5MM Factoring Facility to Beverage Distributor

eCapital provided a $5 million factoring facility to an importer and distributor of wine and spirits. The beverage company will use the factoring facility to support its new imported product available for purchase from retailers such as Costco.

November 16, 2020 David Ciccolo | eCapital Ellie Delany

eCapital Provides $3.9MM in Recent Factoring Facilities

eCapital, a North American alternative finance provider, funded two factoring facilities totaling $3.9 million, including a $3 million factoring facility to a distributor of consumer electronics products and a $900,000 factoring facility to a veteran-owned temporary staffing agency.

November 9, 2020 David Ciccolo | eCapital Ellie Delany

Gerber Finance Launches Division to Provide ‘Larger Amounts of Funding’

Gerber Finance launched Gerber+, a division that services businesses seeking funding ranging from $10 million to $25 million. The company’s first client is Molded Acoustical Products of Easton, a full-service insulation manufacturing solutions company.

November 5, 2020 eCapital | Entela Semini | Gerber Finance | Gerber+. Molded Acoustical Products of Easton | Jennifer Palmer | John D'Amico Jr. | Marius Silvasan | Naturally Gerber Finance Phil Neuffer

eCapital Promotes Howard to Chief Credit and Portfolio Officer

North American alternative finance provider eCapital named Tony Howard, formerly chief credit officer, chief credit and portfolio officer. Howard will oversee and manage credit risk and policy and portfolio performance and participate in acquisition initiatives.

November 3, 2020 eCapital | Gerber Finance | Marius Silvasan | Tony Howard Ellie Delany

eCapital Names Sheppard Chief Operating Officer

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.

October 27, 2020 Charles Sheppard | eCapital | Marius Silvasan Ellie Delany