"We remain committed to responding to our clients’ evolving needs, whilst continuing to innovate in the solutions we offer."
The day-to-day running of the business will remain the same, with funding facilities available up to £2.5m.
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.
“As we move forward under our new name, we are excited about what the future will bring whilst knowing the importance of not losing sight of what has got us here in the first place. We remain committed to responding to our clients’ evolving needs, whilst continuing to innovate in the solutions we offer. Investing in our team will continue to ensure we deliver a market leading service based on speed, a straightforward approach to doing business and delivering value for money. In doing so we will achieve our aim to build a great company with great people, focussed on serving as many SME’s as we can reach. Our plans are exciting, and we can’t wait to bring them to life.”
