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eCapital Introduces New Healthcare Division
September 13, 2022
By eCapital
eCapital Healthcare expands specialty finance business, advances company’s long-term growth strategy
MIAMI – Sept. 12, 2022 – eCapital Corp. (“eCapital” or “the Company”), a leading finance provider for businesses across North America and the U.K., today announced the creation of a new division, eCapital Healthcare, dedicated to serving clients within the healthcare industry with fast and flexible financial solutions designed for their unique needs.
The new division will be led by 20+ year industry veteran, Tim Peters, who will retain his leadership role as CEO, Healthcare Division, for eCapital. The group will provide asset-based lending solutions to hospitals, nursing homes, home health, behavioral health, and other healthcare providers. In addition, the division affirms the company’s commitment to provide forward-thinking financial solutions that support and fuel growth for healthcare businesses.
“eCapital Healthcare builds on the strong legacy of CNH Finance, bringing increased focus, capital, and technology to grow the division and allow us to reach and help even more healthcare businesses achieve long-term success,” said Tim Peters, CEO, Healthcare Division at eCapital. “I’m excited for this new chapter with eCapital, leading a passionate team of finance, healthcare, and technology innovators who are empowering our clients every day.”
CNH Finance was acquired by eCapital in May, making it the 12th strategic acquisition completed within the alternative finance sector in the last four years. The creation of eCapital Healthcare adds to the over 80 industries supported by eCapital’s world-class funding solutions and reinforces the company’s corporate vision of being the most innovative provider of capital solutions to small and medium-sized businesses.
About eCapital Corp.
eCapital is committed to accelerating access to capital for companies in the United States, Canada, and the U.K. By leveraging a team of over 700 experts and proprietary, industry-leading technology, eCapital is creating the future of business funding. With a full suite of products such as freight factoring, invoice factoring, lines of credit, asset-based lending, payroll funding, and equipment financing, eCapital ensures businesses have the funds they need to do more. Through its Transportation, Staffing, Wellness, Healthcare, and Commercial Finance divisions, eCapital delivers customized funding solutions for over 80 industries. To learn more about eCapital, visit eCapital.com.