eCapital puts John Nelson in charge of UK after 46% funding growth

eCapital UK has appointed John Nelson as managing director as the invoice-finance and asset-based lending provider reorganises its senior leadership following three years of growth.

Nelson will assume responsibility for the day-to-day running of the UK business and join its board. He will work alongside David Tilling, who is moving from chief executive to executive chair over the coming months.

Tilling will retain responsibility for eCapital UK’s longer-term strategy, company culture and relationship with its US parent, while Nelson will lead its operational and commercial expansion.

The company said the value of funds advanced to UK clients had increased by 46% over the past three years, while its client base had grown by more than 32%. Those figures are company-reported and have not been independently verified.

eCapital has also expanded the size and complexity of its facilities, with funding lines now reaching £6m. It provides invoice finance and asset-based lending to small and medium-sized companies seeking liquidity for growth, acquisitions, restructuring or seasonal working-capital requirements.

Nelson has almost four decades of financial-services experience, including senior roles at Lloyds Banking Group, Royal Bank of Scotland and Investec. Nearly 20 years of his career have focused on receivables finance and asset-based lending.

His experience also covers corporate banking, risk, portfolio management and commercial leadership. That combination will be important as eCapital seeks to move into larger facilities while maintaining credit discipline and service levels across an expanding portfolio.

As part of the restructuring, Mark Finn’s title has changed from group managing director to chief revenue officer, aligning his position with the parent company’s global executive structure.

The appointment comes as specialist funders compete for UK businesses that require more flexible structures than conventional unsecured lending can provide. Invoice finance releases liquidity against outstanding customer debts, while asset-based lending can add inventory, plant or other business assets to the borrowing base.

Nelson said developing introducer relationships would remain a priority as eCapital expands. The company’s recent growth means his appointment represents more than a routine people move, combining executive succession with a continued push into larger UK working-capital facilities.