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eCapital Canada

Venture debt

Toronto · Seed–Late Stage · 20 people tracked

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Investment thesis

eCapital positions itself as a technology-driven specialty finance lender delivering fast, flexible working capital to small and medium-sized businesses across North America and the U.K. It offers a suite of asset-based finance products, invoice and freight factoring, supply chain finance, payroll funding, and inventory financing, with the capacity to fund facilities from $5 million to $250 million. The firm serves more than 80 industries—including healthcare, staffing, consumer goods, and transportation—emphasizing digital-first platforms, rapid approvals, and personalized service to help clients scale, stabilize, or navigate change.

Source: firm website, verified Sep 26, 2026.

Stage
Seed–Late Stage
HQ
Toronto, ON, CA
Instruments
Debt
Founded
2006

Team · 20 people

from the firm's website
Marius Silvasan· Chief Executive Officerin

Marius Silvasan is CEO of eCapital Corp., a financial technology company providing financing solutions to small and mid-sized businesses. He has pursued growth through acquisitions within the alternative finance sector and has contributed commentary on non-bank lending to industry publications including Forbes Council, Entrepreneur, Fox Business, and The Secured Lender.

Akshay Lazarus· Chief Product Officer
Brian Cuttic· EVP, Asset-based Lendingin
Bruce Sim· Head of Acquisitions
Clayton Hardie· EVP, Corporate Developmentin
Dan Ambrico· President, Head of Commercial Finance Group
David Tilling· CEO, Head of UK Groupin
Kash Ahmad· EVP, Portfolio Risk & Governancein

Kash Ahmad serves as EVP, Portfolio Risk and Governance at eCapital Corp. His background is in the financial services industry, with experience in banking, credit analysis, Basel II, foreign exchange options, and market risk. He holds a B.Eng in Chemical Engineering from University College London.

Mandy Bortolussi· Director of Communicationsin

Serves as eCapital's Director of Communications and is the point of contact for media inquiries.

Mark Wilson· Chief Technology Officerin

Mark Wilson is Chief Technology Officer at eCapital Corp. His work focuses on the design, implementation, and operation of global business systems, and he has experience in executive management and the development of business practices. His stated areas of focus include process improvement, operational efficiency, and mentoring.

Matthew Shearer· SVP, Embedded Finance
Melissa Forman-Barenblit· President, Head of Transportation Group
Peter Dahill· Chief Financial Officerin
Richard Tong· Chief Legal Officerin

Richard Tong serves as Chief Legal Officer at eCapital Corp. His experience spans the professional and technical services industry, including testing, inspection, certification, engineering, and design firms, with expertise in mergers and acquisitions, corporate governance, corporate law, risk management, litigation, and SEC compliance for public companies. He holds a Juris Doctor from the University of Miami School of Law.

Steve McDonald· Presidentin
Steven Silver· Head of Sales, ABLin
Tim Peters· President, Head of ABL Group
Todd Zarin· General Counsel
Tony Howard· Chief Credit & Portfolio Officerin

Tony Howard is the Chief Credit Officer and Head of Portfolio at eCapital, formerly Global Merchant Fund, Corp, based in Miami, Florida. He leads credit and risk management across the company's business units globally, oversees compliance and credit policy, and chairs the executive credit committee. His background includes corporate finance, business management, and executive management.

Tracy Groves· Chief Marketing Officerin

Frequently asked questions

What stage does eCapital Canada invest at?
eCapital Canada invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does eCapital Canada focus on?
eCapital Canada focuses on Advanced Manufacturing, Consumer, E-commerce, Fintech, Healthtech, HR Tech, Logistics & Supply Chain, SaaS.
Where is eCapital Canada located?
eCapital Canada is headquartered in Toronto, CA.

Images

eCapital Canada photoeCapital Canada photoeCapital Canada photoeCapital Canada photoeCapital Canada photoeCapital Canada photo

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