eCapital Corp., a finance provider for businesses across North America and the U.K., announced the creation of a new division, eCapital Healthcare, dedicated to serving clients within the healthcare industry with fast and flexible financial solutions designed for their unique needs.

The new division will be led by industry veteran Tim Peters who will retain his leadership role as CEO, Healthcare Division, for eCapital. Peters has over 20 years of experience. The group will provide asset-based lending solutions to hospitals, nursing homes, home health, behavioral health, and other healthcare providers. In addition, the division affirms the company’s commitment to provide forward-thinking financial solutions that support and fuel growth for healthcare businesses.

“eCapital Healthcare builds on the strong legacy of CNH Finance, bringing increased focus, capital, and technology to grow the division and allow us to reach and help even more healthcare businesses achieve long-term success,” said Peters, CEO, Healthcare Division at eCapital. “I’m excited for this new chapter with eCapital, leading a passionate team of finance, healthcare, and technology innovators who are empowering our clients every day.”

 CNH Finance was acquired by eCapital in May, making it the 12th strategic acquisition completed within the alternative finance sector in the last four years.