Marco Capital, Inc. Grows its Business Development Team

Marco Capital Inc., a Miami, Florida-based trade finance specialist, focusing on cross-border transactions in Latin and South America, continues to grow its executive team. Immediately following the Labor Day weekend, Barry Kastner will assume the role of Executive Vice President and Senior Managing Director. He will use his well-established industry knowledge and associations to lead the Business Development efforts and will be responsible for building key, strategic relationships  in the US and Canada.  

Mr. Kastner’s broad experience in the commercial finance space will be vital to the growth and industry recognition Marco seeks to establish. His more than four decades in  secured lending will allow Marco to achieve these goals. Barry spent most of his finance career at Congress Financial Corp in New York, where he was Chief Operating Officer. Most recently Barry has been a key  senior member of  Siena Lending, Bibby Financial Service and Global Merchant Fund .

Quoting Co-Founder and COO Peter Spradling, “timing is everything in life, so when we saw the opportunity to add Barry as our domestic BDO quarterback, we quickly jumped at it. With our LatAM BDO teams just about fully established, we needed the best possible individual to bring US and Canadian referral sources and direct business efforts to the highest level possible.”  CCO /SVP of Operations, Fred Leder also commented “I’ve worked with Barry in the past and through our dealings, I know that he is the man for the job. He has originated countless transactions through his vast relationships with Equity Funds, Banks and Independent Sources. Barry brings a balanced approach to business development and credit  to the table  using his background in ABL, Factoring, commercial banking and credit analysis. I am extremely excited to have him join the Marco team.”

Marco Capital, Inc is a venture-backed, tech-enabled trade finance company structuring Factoring facilities for small to mid-sized exporters in Latin America who sell to US customers. Additionally, Marco will entertain Domestic US and Domestic Canadian transactions. For further information, please contact Peter D. Spradling, COO and Co-Founder at peter@marcocap.com or (305) 335-1593. Also, visit us at www.marcofi.com.