eCapital Commercial Finance
The UK arm of North American lender eCapital, providing factoring, confidential discounting and recruitment finance from £50k to around £4m through six regional offices.
What they do
eCapital Commercial Finance, formerly Advantedge, funds receivables for owner-managed businesses across more than eighty industries, with particular volume in recruitment, transport, manufacturing, wholesale and healthcare. Products span full-service factoring, confidential invoice discounting, selective finance and bad debt protection, with funding often released within a day of invoice verification. Regional offices in Reading, Glasgow, Manchester, Bristol, Birmingham and Newport keep underwriting close to the client, and the North American parent gives cross-border capability. It acquired Optimum Finance in 2024.
Where they fit in a lower-mid-market raise
Typical lines sit between £500k and £4m against an average funded turnover of around £2m, which places this lender below the core of a £3–15m raise and squarely in the working-capital sleeve beside it. For a company being acquired whose receivables need funding from day one, or for a smaller bolt-on inside a larger group, it is a fast and unfussy source of cash against the ledger.
Where they are not the fit
Facility sizes rarely reach the middle of a lower-mid-market requirement, so this is a component rather than a solution. A business-to-business ledger is required, and consumer or retail receivables are outside the product. Service fees and discount margins are not published.
Published terms
- Pricing
- Not published
- Speed to terms
- Fast - funding often within 24 hours of invoice verification (ecapital.com)
- Sponsored or sponsorless
- Predominantly sponsorless owner-managed SME working capital; can support acquisitive growth
- Where they lend
- Offices Reading (HQ), Glasgow, Manchester, Bristol, Birmingham, Newport; cross-border UK-US capability
- How they decide
- In-house, regional-office-led; broker/introducer-originated; US parent (eCapital Corp) governance; delegated underwriting at invoice finance tickets. Authority is delegated below committee on at least part of the book
- Security
- Receivables
- Covenants
- Springing covenant, tested only when a trigger is hit
As published by the lender and last reviewed June 2026. Terms quoted on a deal are set by the credit, not by a published band.
What rules a deal out
Stated limits, taken from eCapital Commercial Finance’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- Typical lines £0.5-4m - mostly below £3-15m band
- B2B ledger required
- Consumer/retail without receivables off-piste
- No appetite in adult, crypto, gambling or weapons
How they sit against the category
- Its published ceiling is £4m; 28 of the 40 asset-based lenders here go at least as high.
- Like 29 of the 40, it publishes no indicative price — a margin comes from a conversation, not a page.
Counted across the 40 asset-based & asset-finance lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does eCapital Commercial Finance write?
Published facilities reach £4m, and the bottom of the published range is small-ticket business rather than a corporate facility. A band is what a lender states it will do, not what it will do on a given credit.
How quickly does eCapital Commercial Finance move?
Fast - funding often within 24 hours of invoice verification (ecapital.com). Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
Does eCapital Commercial Finance lend to companies without a private-equity sponsor?
Yes. eCapital Commercial Finance lends to owner-managed and corporate borrowers, and publishes no private-equity sponsor proposition.
Where does eCapital Commercial Finance lend?
Offices Reading (HQ), Glasgow, Manchester, Bristol, Birmingham, Newport; cross-border UK-US capability.
What covenants does eCapital Commercial Finance set?
Springing covenant, tested only when a trigger is hit. A covenant package is negotiated on the facility; the published style is where the negotiation starts.
On the record
2025: reported £160m+ of funding support to UK businesses (up from £136m) (ecapital.com.
December 2025: invoice-finance transaction for a professional-services company, £350k (ecapital.com transactions.
April 2022: Advantedge Commercial Finance rebranded to eCapital Commercial Finance (ecapital.com.
Sources: ecapital.com
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.