eCapital Promotes Gagel to Managing Director of General Factoring

eCapital, an alternative finance provider in North America, named Brian Gagel managing director of general factoring in its commercial finance division. He will report to Dave Ciccolo, the CEO of the division, and will lead a team of account management and operations professionals to support eCapital’s general factoring business.

Gagel previously served as senior vice president and national portfolio manager for eCapital Commercial Finance. Prior to this, he held various senior roles with Bibby Financial Services, which was acquired by eCapital, where he gained experience in factoring and asset-based lending.

Before he began his career in the financial services industry, Gagel served for eight years in the U.S. Marine Corps.

“To lead a team that is laser-focused on providing alternative financing solutions that assist in the recovery and growth of companies across a broad range of industries is an honor,” Gagel said. “We are committed to quickly and efficiently getting businesses the working capital they need to thrive.”

“We are thrilled to have someone of Brian’s caliber oversee the general factoring portfolio,” Ciccolo said. “His industry background and strong leadership skills make him well suited to grow this aspect of our business.”