CashNews.co
Invoice finance company, eCapital Commercial Finance has acquired Optimum SME Finance.
David Tilling, CEO of Capital said “We are thrilled to welcome Optimum’s clients and team as part of our ambitious growth strategy. This acquisition broadens our national reach with a new regional presence in Bristol and reinforces our commitment to becoming the premier, fully integrated financial partner for SMEs across the UK.
“Integrating the Optimum portfolio under the eCapital brand allows us to connect with a broader base of businesses seeking flexible, competitive finance solutions. eCapital Commercial Finance has sustained a steady growth trajectory, now providing over £160m in funding support to UK businesses seeking finance that fosters success and growth.”
Ant Persse, CEO of Optimum SME Finance, said “This acquisition represents a pivotal moment for Optimum, unlocking new possibilities for our clients, introducers, and team members. eCapital’s impressive scale, combined with the robust delivery platform we’ve built at Optimum, will allow us to extend even greater liquidity support to UK SMEs. Importantly, it is business as usual here at Optimum. We remain open, actively supporting clients, and are as committed as ever to helping as many UK SMEs as possible thrive in today’s economy.
“I would like to thank JRJ for their steadfast support over my four years as CEO. Their commitment has been instrumental in fostering our growth and innovation, laying a strong foundation for this exciting new chapter with eCapital.”