eCapital hired Thomas Siska as senior vice president and head of factoring. Siska is taking on the responsibility of overseeing operations and spearheading sales for the factoring group in various sectors, with the exception of the specialized transportation segment. As senior vice president and head of factoring, he will report directly to eCapital’s president and head of factoring in North America.

Prior to eCapital, Siska drove sales and marketing strategies at Sterling Commercial Credit, culminating in an acquisition. Prior to Sterling, as head of asset-based lending at Grasshopper Bank, Siska played a role in establishing a commercial and asset-based lending group after using his skill in integrating and overseeing acquisitions at North Mill Capital as a senior vice president. According to LinkedIn, Siska also worked for Working Capital Solutions, Greystone Commercial Services, Credit Support International, GE Capital, Bay View Funding and Riviera Finance. His efforts have yielded $100 million in stakeholder value across startup and turnaround ventures.

“I’m honored to join the eCapital team, and the company’s growth strategy and fintech vision are what drew me to the role,” Siska said. “I’m enthusiastic and motivated to leverage my experience in exploring new opportunities for the division while being an integral part of this esteemed team.”

Andrew Suedbeck, who was recently promoted to the position of managing director of factoring, will report directly to Siska.

“Tom is a welcome addition to our leadership team,” Marius Silvasan, CEO of eCapital, said. “He is widely recognized and respected in the industry, and his achievements in the factoring domain make his addition a significant win for us. With Tom on board, we are not only advancing the progress of our factoring group but also elevating our overall capabilities. His arrival reinforces our commitment to delivering innovative financing solutions to our clients, and we look forward to witnessing the positive impact he will undoubtedly bring.”