HOUSTON, TX, May 19, 2026 — Advantage Business Capital announces Lee Elmore’s elevation from executive vice -president and promotion to president/CEO.

“This internal promotion reflects Lee Elmore’s deep understanding of our business and unwavering commitment to our culture and values. Lee has the vision, integrity and results-driven mindset that positions him well to lead Advantage.” – Robert Mrlik, president, Central Bank

Elmore served five years in the Air Force while also earning an accounting degree from the University of Maryland. He entered the asset-based lending industry in 1992 as a field examiner for First Capital Corporation and was soon elevated to ABL portfolio manager. While at First Capital, he spent four years opening an office in California and serving as portfolio manager for the central region, growing the portfolio to more than $200MM.

In 2015, after First Capital was sold, Elmore was hired by Far West Capital as field exam manager and quickly transitioned into ABL portfolio manager. In 2018, Elmore joined Advantage Business Capital via their acquisition of Far West Capital. In 2020, Elmore was promoted to executive vice president and took on additional responsibilities. Over the past eight years, Elmore has played a key role in growing Advantage’s ABL division as well as updating ABL credit parameters, policies, procedures and formalizing their account executive training program.

“It’s been a privilege to have overseen Advantage’s growth for more than three decades. Lee Elmore has my full support and total confidence as Advantage’s next leader. In my new role as a senior advisor, I am looking forward to focusing on strategic initiatives, enhancing partnerships within our industry and supporting Lee as needed.” – Wayne Coker

“I am excited to step into this new role at Advantage Business Capital. Advantage has a strong reputation for excellence within the industry. I look forward to working with our dedicated and talented team to continue building on this strong foundation.” – Lee Elmore

Effective May 15, 2026, supporting Elmore on the Advantage executive team will be Mark Tiggeloven, EVP, chief operations officer, Brad Baird, EVP, chief credit officer and David Phillips, EVP, Originations.

About Advantage Business Capital

Owned and backed by one of the oldest independent banks in Texas, Advantage has been providing invoice factoring and asset-based lending (ABL) to clients nationwide for over 40 years.