eCapital Invoice Finance Review
eCapital is a North American invoice finance and asset-based lending group with UK operations incorporating the former Optimum Finance. Five UK regional offices (Reading, Newport, Birmingham, Manchester, Glasgow), US-parent funding scale, and sector specialism in logistics, recruitment, wholesale, and manufacturing. The £100k turnover floor and sector-aware underwriting make eCapital a strong panel option for established UK SMEs in their target sectors.
eCapital is a North American invoice finance and asset-based lending group with UK operations incorporating the former Optimum Finance. It funds from £100,000 turnover with service charges from 0.75% and advance rates of 85% to 90%.
More detail + scope
Summary
eCapital is a North American invoice finance and ABL group whose UK arm incorporates the former Optimum Finance, with five UK regional offices in Reading, Newport, Birmingham, Manchester and Glasgow. It funds from £100,000 turnover with service charges from 0.75% and advance rates of 85% to 90%, specialising in logistics, recruitment, wholesale and manufacturing.
This page covers
eCapital invoice finance minimum turnover, advance rate, pricing, UK office network and sector specialisms
Not covered here
General invoice finance education (see /guides/), sector pages (see /industries/), the full provider directory (see /providers/)
Key Facts
Sector Specialisms
Four UK sectors where eCapital's underwriting is institutional rather than learned per-file:
- Logistics and transport. Owner-driver fleets, dedicated logistics, freight forwarders, distribution. 60-day end-customer payment cycles against weekly fuel and driver pay are the defining cashflow pattern; eCapital structures for it.
- Recruitment and staffing. Including healthcare staffing (medical locum, nursing, AHP) and IT contractor placements. Weekly contractor pay against monthly client invoicing.
- Wholesale and distribution. 60-120 day stock-to-invoice-to-payment cycles, trade credit insurer overlay, concentration handling.
- Manufacturing. Long production cycles, milestone billing, tier-1/tier-2 supply chain receivables. Work-in-progress treatment available on appropriate files.
UK Regional Coverage
Five offices: Reading (London-corridor coverage), Newport (Welsh / Western), Birmingham (Midlands), Manchester (North West), Glasgow (Scotland). Regional presence matters for UK SMB invoice finance because the relationship-banking model benefits from same-region underwriter access. eCapital's geographic coverage is one of the broadest among UK independents, comparable to Bibby's regional network.
Pros and Cons
Strengths
- US-parent funding scale for larger UK files
- 5-office UK regional presence
- Sector specialism in logistics, recruitment, wholesale, manufacturing
- £100k turnover floor (suits mid-market SMEs)
- Legacy Optimum Finance UK team retained
- Competitive pricing for sector-aware files
Limitations
- Higher floor than Bibby or Ultimate Finance (£50k)
- Less UK brand recognition than Bibby or Close Brothers
- Sector focus excludes some niches (creative agencies, professional services)
- US-parent ownership less reassuring than UK banking parents for some applicants
Best For / Less Suitable For
Best for
- UK SMEs £100k to £20m turnover in logistics / recruitment / wholesale / manufacturing
- Larger files needing US-parent funding capacity
- Businesses preferring regional UK office relationships
- Sector-specific underwriting needs (transport cycles, recruitment payroll, wholesale concentration)
Less suitable for
- Sub-£100k turnover, Bibby, Ultimate Finance, IGF have lower floors
- Creative agencies, professional services, Optimum, Skipton, Bibby fit better
- Tech / SaaS, Hydr or Triver fit better
- Cross-border heavy international trade, Stenn, Accelerated Payments, HSBC
Pricing Reality
- Service charge: 0.75% to 1.75% depending on sector and facility size
- Discount charge: Base + 1.5% to 3.0% (currently 5.25% to 6.75% all-in)
- Advance rate: 85% to 90% on standard B2B receivables
- Min turnover: £100,000
- Setup time: 7 to 14 working days for clean files
Our Verdict
eCapital is a strong UK panel option for established mid-market SMEs in their target sectors (logistics, recruitment, wholesale, manufacturing). The US-parent funding scale provides capacity beyond what most independent UK lenders match, the legacy Optimum Finance UK team brings sector knowledge, and the 5-office regional presence supports relationship banking. The £100k turnover floor rules out smaller businesses; the sector focus narrows the fit; but for files inside their sweet spot eCapital competes hard on price and underwriting depth.
Director, Market Invoice
Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.
Last reviewed: 11 May 2026