MIAMI, Nov. 15, 2021 – eCapital Corp. (“eCapital” or “the Company”), a leading capital solutions provider for small and medium-sized businesses in North America and the United Kingdom, today announced that they have acquired the assets of Flexible Funding, a payroll funding company for staffing agencies across multiple industries, along with its freight factoring subsidiary, InstaPay.
“The acquisitions of Flexible Funding and InstaPay supports our commitment to providing industry-leading financing solutions to staffing and transportation businesses,” said Marius Silvasan, CEO of eCapital. “Establishing a foothold in Dallas/Fort Worth will allow us to better serve our clients in the region and ensure we are well-positioned for further growth.”
eCapital plans to keep a presence in Fort Worth, including Flexible Funding and InstaPay staff to support the existing client base.
“Joining the eCapital family is the right next step for Flexible Funding, and our team looks forward to continuing to provide excellent service to the staffing and transportation industries under the eCapital umbrella,” said Paul DeLuca, Managing Member of Flexible Funding.
This is the 10th acquisition for eCapital in the last four years. The purchase underscores the company’s goal of being the leading alternative financing provider throughout North America.
ABOUT eCapital
Since 2006, eCapital has been on a mission to change the way small to medium sized businesses access the funding they need to reach their goals. We know that to survive and thrive, businesses need financial flexibility to quickly respond to challenges and take advantage of opportunities, all in real time. Companies today need innovation guided by experience to unlock the potential of their assets to give better, faster access to the capital they require.
We’ve answered the call and have built a team of over 600 experts in asset evaluation, batch processing, customer support and fintech solutions. Together, we have created a funding model that features rapid approvals and processing, 24/7 access to funds and the freedom to use the money wherever and whenever it’s needed. This is the future of business funding, and it’s available today, at eCapital.