Wallingford-based Advantedge Commercial Finance has changed its name to eCapital Commercial Finance. The new name 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, supporting its strategy deliver on its plan to become a leading invoice finance provider.
eCapital Corp plans continue to focus on investment in innovation in product and technology.
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”.