Invoice Bazaar Blog

eCapital buys UMB Bank’s Accounts Receivable Financing division portfolio

By Invoice Bazaar | January 27, 2022

eCapital Corp, the Florida-based alternative finance provider for SMEs across North America and the United Kingdom, has acquired the Accounts Receivable Financing division portfolio of UMB Bank. Disclosing this, eCapital’s CEO Marius Silvasan said this acquisition would support his organization’s growth strategy and bolster its presence across the Midwest while strengthening its service delivery across the region. eCapital will also seamlessly transition the newly acquired huge customer base to its market-leading technology platform in the coming weeks. This would offer the newly-acquired customers of e-Capital, unparalleled access to the working capital they require, Silvasan added.

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