FRISCO, Texas, May 20, 2026  -- Mountain Ridge Capital ("MRC") (www.mountainridgecap.com), an asset-based commercial finance company is pleased to announce the hiring of Scott Elliotto and Kevin Copenspire as Sr. Managing Director and Managing Director of Business Development, respectively.  Mountain Ridge seeks to provide creative asset-based financing solutions that commercial banks do not wish to provide or cannot provide.  As a private direct lender to middle market businesses, Mountain Ridge does not have the same restrictions as larger commercial banks.  Craig Winslow, Chief Executive Officer said, “Our mission is to be a provider of unique and creative capital solutions to middle market businesses that value speed, sophistication and greater liquidity.  With the addition of Scott and Kevin, we have continued to build a world class originations team”. 

Scott Elliotto, an industry veteran, is based in New York; however, is responsible for originating opportunities nationwide.  Scott is a nonbank asset-based lending veteran with more than 30 years of experience.  Prior to joining Mountain Ridge, Scott spent over 13 years at Siena Lending Group, including roles in originations, President and CEO.   “I am very excited to be part of the MRC team.  We are at an inflection point, where I can add significant value and help get the business to the next level of growth.  We have a very solid core team and substantial equity backing – essential ingredients with which to continue impacting the middle market and make a difference for our target borrowers,” said Scott. 

Kevin is responsible for the Mid-Atlantic and southern regions.  Prior to joining Mountain Ridge, Kevin was a top producer at Webster Bank.  Kevin said, “I am thrilled to join the Mountain Ridge team and the opportunity to get into private credit and to work with an experienced and creative team that is focused on being a differentiated partner for its clients is one that fits squarely with my long-term career objectives.”  

Both Scott Elliotto and Kevin Copenspire will collaborate with the rest of the Mountain Ridge Capital team to provide all forms of credit to a wide variety of lower middle market companies across the country.  The Mountain Ridge team has a strong history of building relationships, including company executives, investment bankers, turnaround consultants, other lenders and private equity groups, and if there are potential opportunities to explore, we welcome the opportunity to engage.  Please see contact details below.   

Scott Elliotto                                                                  Kevin Copenspire

Sr. Managing Director                                                 Managing Director 

scott.elliotto@mountainridgecap.com                    kevin.copenspire@mountainridgecap.com 

516.660.1593                                                              410.935.6237 

About Mountain Ridge Capital

Mountain Ridge Capital provides highly customized asset-based revolvers and term loans to middle-market businesses and utilizes an industry agnostic approach to consider advancing against all types of collateral.  Mountain Ridge targets lending to privately-held, family-owned and private equity-backed businesses requiring liquidity to support business transitions, including turnarounds, restructuring, acquisitions and changes in ownership or control.  The Mountain Ridge platform was created in partnership with Arena Investors, LP (www.arenaco.com) in response to the growing demand for non-bank debt financing, which can be secured without unnecessarily slow and cumbersome bank committees, extended due diligence cycles, or lengthy legal processes.  MRC offers borrowers quick turnaround times and has a team of experts that understand all types of collateral, not just traditional A/R and inventory, which results in higher advance rates and more overall liquidity as compared to many traditional bank products.  See www.mountainridgecap.com for more information.