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eCapital Corp. Expands Operations with Acquisition of Advantedge Professional Finance

MIAMI, Dec. 1, 2020 /PRNewswire/ — eCapital Corp. (“eCapital” or “the Enterprise), a foremost substitute finance provider in North The usa, right now introduced it has obtained Uk-based mostly specialty lender and factoring business Advantedge Commercial Finance. The acquisition will permit eCapital to continue constructing out its whole suite of specialty lending answers and geographically diversify its e-book of business enterprise.

Advantedge is a major privately-owned invoice funding enterprise furnishing cash movement solutions to small and medium-sized enterprises in the United kingdom. Founded in 2001, the Corporation at the moment provides funding to British isles businesses trying to get alternate funding. Considering that November 2016, revenues for Advantedge have grown almost threefold and EBITDA has elevated by 2.5 times more than that period of time. With five places of work located in Thames Valley, Newport, The Midlands, Manchester, and Glasgow, Advantedge has shaped the footprint for a nationwide business enterprise that is poised for significant additional advancement.

Marius Silvasan, CEO of eCapital Corp, commented on modern information, “This acquisition marks nevertheless a further milestone in the advancement trajectory of our corporation. Advantedge has substantial depth and breadth of experience in the factoring sector, especially servicing modest to midsize firms with alternative lending options. As this sort of, they are complementary to our enterprise model, and we look ahead to integrating their crew and bringing our complete suite of items to their customer base.”

eCapital is a major North American substitute finance company providing small and mid-dimension firms with the performing capital they require for expansion. The Firm presents a comprehensive suite of providers like factoring and asset-based mostly lending, and its significant-touch approach to buyer services is designed to present reliable and ongoing purchaser assist as perfectly as transparency and performance by market-foremost automated engineering. Its leadership crew delivers extensive finance and vertical industry abilities, and its electronic system enables customers to readily obtain capital from any device or site.&#13

“Advantedge has designed a potent status as a primary independent finance company supplying greatest-in-class customer provider,” said David Tilling, CEO of Advantedge. “I am self-assured that signing up for the eCapital family members is the ideal go for our corporation and our consumers.”

Credit score funds managed by Ares Administration supplied eCapital Corp. with financing for the Firm’s acquisition of Advantedge Commercial Finance Ltd. and supported the Company’s prior acquisitions of Bibby Economical Companies (Holdings) Inc. and Prosperity Funding Inc. consummated previously in 2020.

About Advantedge
Founded in 2001, Advantedge is a primary specialty lender dependent throughout the United Kingdom presenting bill factoring, invoice discounting, selective invoice finance and lousy debt defense. For extra information about Advantedge, visit https://www.advantedgecf.co.uk/our-remedies

About eCapital Corp.
eCapital Corp. is committed to supporting modest and center-marketplace businesses in the United States and Canada by accelerating their accessibility to cash as a result of different financing options like bill factoring, factoring strains of credit score and asset-primarily based lending. Via its Business Finance and Freight Factoring divisions and its portfolio company, Gerber Finance, Inc., eCapital delivers alternative finance solutions to a wide established of industries. Dependent in Miami, Florida, eCapital is an impressive chief in supplying versatile, tailored funding to corporations. For much more info about eCapital, pay a visit to eCapital.com.

Media Contacts&#13

Laura Stadler, eCapital Corp.
619.346.1170 [email protected]  

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Source eCapital Corp.