Marius Silvasan Archives - Page 2 of 3

Wells Fargo and Regions Bank Increase eCapital’s Syndicated Bank Facility

eCapital increased its syndicated bank facility. Wells Fargo acted as the administrative agent for the facility while serving as joint lead arranger and joint book runner with Regions Bank. The facility increase brings eCapital’s total bank facility commitments to more than $1.2 billion.

eCapital Earns Spot on Inc.’s Inaugural Power Partner Awards List

eCapital was named to Inc.’s inaugural Power Partner Awards. The program honors B2B organizations that have proven track records supporting entrepreneurs and helping startups grow.

November 4, 2022 eCapital | Inc. | Marius Silvasan | Scott Omelianuk Phil Neuffer

eCapital Asset-Based Lending CEO Palmer Named President of Secured Finance Network

The Secured Finance Network appointed Jennifer Palmer, CEO of eCapital Asset-Based Lending, its new president.

October 26, 2022 Jennifer Palmer | Marius Silvasan | Secured Finance Network Ian Koplin

eCapital Acquires CNH Finance

eCapital acquired CNH Finance, a Connecticut-based specialty finance company focused on the healthcare industry.

May 3, 2022 CNH Finance | eCapital | Hovde Group | Marius Silvasan | Tim Peters Ian Koplin

eCapital Acquires Portfolio of UMB Bank’s A/R Financing Division

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.

January 27, 2022 eCapital | Marius Silvasan | UMB Bank Ian Koplin

eCapital Acquires Flexible Funding

eCapital acquired the assets of Flexible Funding, a payroll funding company for staffing agencies across multiple industries, along with its freight factoring subsidiary, InstaPay.

November 16, 2021 eCapital | Flexible Funding | InstaPay | Marius Silvasan | Paul DeLuca Ian Koplin

eCapital Collaborates with Visa on Commercial Credit Card Program

eCapital launched a new commercial credit card program with Visa. The platform will provide clients with direct connections to the funds in their eCapital accounts and reporting to manage all Visa transactions.

August 9, 2021 eCapital | Ken Judd | Marius Silvasan | Visa Ian Koplin

eCapital Reports 56% Growth in Portfolio Size in 2020, Consolidates Corporate Structure

In 2020, eCapital provided access to more than $4 billion in financing across 80 industries in the U.S. and Canada and also achieved an approximate 66.5% year-over-year increase in gross revenues and an approximate 56% year-over-year increase in portfolio size.

April 14, 2021 eCapital | Gerber Finance | Marius Silvasan Ian Koplin

eCapital Appoints Poston Chief Sales Officer

eCapital named James Poston chief sales officer. Poston has more than 14 years of experience in receivables financing and asset-based lending. Poston previously held the position of senior vice president for eCapital’s freight factoring division.

February 1, 2021 eCapital | James Poston | Marius Silvasan Phil Neuffer

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

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