November 22, 2024
Optimum SME Finance acquired by eCapital Commercial Finance – The Intermediary #UKFinance

Optimum SME Finance acquired by eCapital Commercial Finance – The Intermediary #UKFinance

CashNews.co

Optimum SME Finance Limited, a specialist in invoice financing, has been acquired by eCapital Commercial Finance Limited, an independent invoice finance company with an extensive presence across the UK.

While the financial terms of the transaction were not disclosed, both firms are optimistic about the strategic potential this deal presents.

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.”

Persse also acknowledged the contribution of the previous owners, JRJ Group, remarking: “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.”

David Tilling, CEO of eCapital, added: “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.

“E-Capital 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.”

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