eCapital appointed Tim Peters to the role of president and head of the asset-based lending group. Peters’ responsibilities will include overseeing accounts, underwriting, sales and operational functions, with the aim of propelling the division into a new phase of growth.
eCapital Healthcare delivered funding to nine businesses in the healthcare industry during Q1/23. The transactions, ranging from $1 million to $15 million in size, included eight working capital loans and one senior housing real estate bridge loan.
eCapital, a finance provider for businesses across North America and the U.K., created a new division, eCapital Healthcare, dedicated to serving clients within the healthcare industry with fast and flexible financial solutions designed for their unique needs.
eCapital acquired CNH Finance, a Connecticut-based specialty finance company focused on the healthcare industry.