Advantedge Commercial Finance announces name change to eCapital
Change of name follows the firms’ recent acquisition by US Financial Services business
4 April 2022: Advantedge Commercial Finance have announced that they will be changing their name to eCapital Commercial Finance with immediate effect. The move comes as part of the firms’ strategy following their majority acquisition in December 2020 by eCapital Corp, a leading North American provider of alternative lending solutions to businesses.
The day to day running of the business will remain the same, enabling it to continue to deliver on its plan to become the leading independent invoice finance provider of choice in the UK.
The acquisition by eCapital Corp has brought additional strength to the business which is committed to supporting UK businesses looking to access fast, flexible, and easy funding solutions. Their future plans continue to focus on investment in innovation – both product and technology – whilst ensuring their geographical presence is strengthened to ensure that they continue to exceed the evolving expectations of their clients and intermediaries.
Commenting on the announcement, David Tilling CEO said, “Changing our name to eCapital was a natural progression, and the acquisition by eCapital has proven to be a great fit for our company. With the added funding and security that they bring to us, it has provided a solid foundation for the further growth and diversification of the UK business together with the confidence and surety of long-term backing”.
The change of name and a new look brings the business within the eCapital brand and provides the opportunity to appeal to a wider audience of businesses looking for financial support. eCapital Commercial Finance have seen a continuous period of growth and are currently providing over £ 136m of funding support to UK businesses who are seeking flexible and competitive finance for their businesses.
The firm puts its continuing growth down to their real commercial perspective, access to large funding pools and a commitment to delivering a market leading service which they believe make them an ideal funding partner. With funding facilities available up to £2.5m eCapital are looking forward to supporting UK firms as they get firmly back on their feet.
As David concludes: “As we move forward under our new name, we are excited about what the future will bring whilst knowing the importance of not losing sight of what has got us here in the first place. We remain committed to responding to our clients’ evolving needs, whilst continuing to innovate in the solutions we offer. Investing in our team will continue to ensure we deliver a market leading service based on speed, a straightforward approach to doing business and delivering value for money. In doing so we will achieve our aim to build a great company with great people, focussed on serving as many SME’s as we can reach. Our plans are exciting, and we can’t wait to bring them to life”.
Media contacts:
For eCapital Commercial Finance enquiries, please contact:
Ian Ward on [email protected] / 07789 392 438 or
Diane Blinkhorn on [email protected] / 07753 671 302
eCapital Corp
eCapital Corp. is committed to supporting small and middle-market companies in the United States, Canada, and the UK by accelerating their access to capital through financial solutions like invoice factoring, factoring lines of credit, asset-based lending and equipment refinancing. Headquartered in Miami, Florida, eCapital is an innovative leader in providing flexible, customized cash flow to businesses. For more information about eCapital, visit eCapital.com.
