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eCapital Corp. Acquires Prosperity Funding

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Last Modified : Dec 17, 2024

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

At eCapital, we accelerate business growth by delivering fast, flexible access to capital through cutting-edge technology and deep industry insight.

Across North America and the U.K., we’ve redefined how small and medium-sized businesses access funding—eliminating friction, speeding approvals, and empowering clients with access to the capital they need to move forward. With the capacity to fund facilities from $5 million to $250 million, we support a wide range of business needs at every stage.

With a powerful blend of innovation, scalability, and personalized service, we’re not just a funding provider, we’re a strategic partner built for what’s next.

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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.