CHICAGO, April 10, 2018 /PRNewswire/ -- Gibraltar Business
Capital, an industry leader in providing small and mid-market
companies with the capital they need to solve short-term challenges
or seize growth opportunities, has added two veteran specialty
finance lenders to their sales team: Elijah
Kaplan and Scott Simmons.
Elijah Kaplan – Senior Vice
President, Northeast Region
Located in New York, Kaplan is an experienced
professional in middle market lending, private equity, and
restructuring. He has over 16 years of experience in
financing, acquiring, and advising middle-market businesses through
leveraged buyouts, acquisitions, recapitalizations, and
restructurings. He honed his collaborative approach to working with
management teams and private equity sponsors while at Deloitte CRG,
Hudson Capital Partners, Marathon Asset Management and Albion
Investors.
Scott Simmons – Senior Vice
President, Southwest Region
Based in Dallas, Simmons joins Gibraltar with 25 years of experience in
building relationships and structuring deals focusing on the lower
end of the middle market. During his time with FINOVA/Textron,
First Capital, and AloStar, Scott utilized his consultative
approach to become a trusted advisor for borrowers and referral
sources, including junior and specialty lenders and equity
sponsors.
"The addition of our two new business development executives
strengthens our reach nationally and allows us to maintain
strategic momentum," said Gibraltar Executive Vice President and
Head of Sales Anthony DiChiara. "We welcome Scott and Elijah and
believe their extensive experience will add depth to our
ever-growing team and further our mission to provide our clients
with fast, flexible, and creative lending."
Simmons and Kaplan join the Gibraltar team to help keep pace with market
demand for quick access to working capital when banks and other
funding sources are limited or too restrictive. Since its formation
in 2010, Gibraltar has
underwritten more than $325 million
in total credit facilities to more than 170 borrowers. Gibraltar was recently named to the Inc. 5000
list by Inc. magazine.
About Gibraltar Business Capital:
Named as one of
America's Fastest-Growing Private Companies by Inc. Magazine
in 2017, Chicago-based Gibraltar
Business Capital is a well-capitalized, specialty finance company
delivering working capital in the form of asset-based loans and
factoring solutions. Gibraltar is
an expert financial partner providing small to mid-market companies
with nationwide access to capital when they need it most to solve
challenges or fuel growth at any stage of the business lifecycle.
With more than 65 years' experience, Gibraltar's team is trained to listen, think
differently, and take unique circumstances into account. Gibraltar
Business Capital is a wholly owned subsidiary of Hercules Capital,
Inc. (NYSE: HTGC). For more information, visit
www.gibraltarbc.com.
View original content with
multimedia:http://www.prnewswire.com/news-releases/gibraltar-business-capital-welcomes-two-new-members-to-the-business-development-team-300627313.html
SOURCE Gibraltar Business Capital