MIAMI – July 1, 2020 – eCapital Corp. (“eCapital”) (formerly Global Merchant Fund Corp), through one of its subsidiaries, has acquired 100% of the ownership equity of Prosperity Funding Inc. (“Prosperity”), a Fort Lauderdale-based factoring company. Founded in 2007, Prosperity has focused on providing accounts receivable financing and working capital solutions to small and medium-sized companies throughout the United States. Though Prosperity finances clients across numerous industries, it has a focused specialty within the Staffing industry. Click to read the rest of the Press Release.
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.
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.