BOK Financial Adds ABL Veteran S. Scott Simmons to the Team

January 10, 2022

Source: BOK Financial

BOK Financial is excited to announce the addition of S. Scott Simmons to their asset-based lending team.

Approaching 25 years in the asset-based lending industry, Simmons has held successful business development roles at First Capital, AloStar Capital Finance, Gibraltar Business Capital and most recently served as senior vice president with Webster Business Credit.  His experience centers around originating and structuring senior secured credit facilities and equipment term debt for mergers and acquisitions, recapitalizations, turnaround and high-growth situations. Based in Texas, Simmons looks forward to bringing his experience, skills and relationships to his new team.

“Scott is a well-known business driver in the ABL community and brings years of experience to our team,” said Ryan Birnel, director of asset based lending for BOK Financial. “He has an established track record of successful originations across ABL financing types, sizes and structures.  With his well-earned reputation of deal execution and integrity, we are thrilled to have him represent our brand.”

As part of the ABL team, Simmons will be responsible for accessing middle-market asset based lending opportunities through private equity sponsors, investment banking and advisory firms while supporting the needs of BOK Financial’s corporate lending groups throughout the company’s footprint.

BOK Financial’s asset based lending group provides creative and flexible financing solutions to access capital necessary to drive results through ever-changing industry and market conditions. Asset based lending is an attractive financing option for companies looking to maximize their borrowing capacity as they navigate growth, turnarounds or other challenges and opportunities. The company provides borrowers with commitments ranging from $5 million to $50 million on single-lender, club and syndicated credit facilities. 

“I am honored and excited to represent such a reputable and tenured lending institution as BOK Financial,” said Simmons.

About BOK Financial Corporation

Bank of Oklahoma is a subsidiary of BOK Financial Corporation, which is a more than $47 billion regional financial services company headquartered in Tulsa, Oklahoma with more than $99 billion in assets under management and administration. The company's stock is publicly traded on NASDAQ under the Global Select market listings (BOKF). BOK Financial Corporation's holdings include BOKF, NA; BOK Financial Securities, Inc., BOK Financial Private Wealth, and BOK Financial Insurance, Inc. BOKF, NA operates TransFund, Cavanal Hill Investment Management and BOK Financial Asset Management, Inc. BOKF, NA operates banking divisions across eight states as: Bank of Albuquerque; Bank of Oklahoma; Bank of Texas and BOK Financial (in Arizona, Arkansas, Colorado, Kansas and Missouri); as well as having limited purpose offices Nebraska, Milwaukee and Connecticut. Through its subsidiaries, BOK Financial Corporation provides commercial and consumer banking, brokerage trading, investment, trust and insurance services, mortgage origination and servicing, and an electronic funds transfer network. For more information, visit www.bankofoklahoma.com.

 

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