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SFNet's The 81st Annual Convention Issue
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SFNet's 40 Under 40 Award Winners Panel Recap
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Potential Impacts of Blockchain on Commercial Lending
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Audit Prep: Why a Paperless Approach Makes Sense
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July 10, 2023
Source: Gibraltar Business Capital
Gibraltar Business Capital is proud to announce it has hired S.N. Thomas, a lending expert with 25+ years’ experience, as an SVP and Underwriting Manager.
As part of his extensive career, Thomas spent over 20 years at Wells Fargo, primarily in the asset-based lending group. During that time, he also gained investment banking experience working on debt and equity capital raises. Most recently, he worked at White Oak Commercial Finance as a managing director in the Underwriting Group working on conforming and stretch asset-based lending facilities.
Thomas began his career at Ernst and Young primarily working in the Corporate Finance Group on mergers and acquisitions transactions. Throughout his career, he has worked on a broad range of corporate finance transactions and helped his clients achieve diverse goals.
This addition to the GBC credit team aligns with Gibraltar’s commitment to continually invest in strategies and people to drive growth and innovation. The new Underwriting Manager position comes on the heels of GBC bringing on Jim Marasco as Head of Originations to further position the organization for growth. Gibraltar also recently increased their financing capabilities with a market expansion and launched a new equipment financing company, Gibraltar Equipment Finance.
“A greater investment in underwriting capabilities is a natural extension of our growth as we continue to serve more types and sizes of middle market businesses,” said GBC Chief Credit Officer Jeffrey Stanek. “We are excited to add another seasoned lending expert to our robust, talented credit team.”
About Gibraltar Business Capital:
Chicago-based Gibraltar Business Capital is a well-capitalized, specialty finance company delivering working capital in the form of asset-based loans from $5 to $100 million. Gibraltar is an expert financial partner providing lower mid-market companies 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 70 years of experience, Gibraltar's team is trained to listen, think differently, and take unique circumstances into account. Gibraltar Business Capital is a portfolio company of multi-billion dollar specialty finance company Hercules Capital, Inc. (NYSE: HTGC). For more information, visit www.gibraltarbc.com.
As part of his extensive career, Thomas spent over 20 years at Wells Fargo, primarily in the asset-based lending group. During that time, he also gained investment banking experience working on debt and equity capital raises. Most recently, he worked at White Oak Commercial Finance as a managing director in the Underwriting Group working on conforming and stretch asset-based lending facilities.
Thomas began his career at Ernst and Young primarily working in the Corporate Finance Group on mergers and acquisitions transactions. Throughout his career, he has worked on a broad range of corporate finance transactions and helped his clients achieve diverse goals.
This addition to the GBC credit team aligns with Gibraltar’s commitment to continually invest in strategies and people to drive growth and innovation. The new Underwriting Manager position comes on the heels of GBC bringing on Jim Marasco as Head of Originations to further position the organization for growth. Gibraltar also recently increased their financing capabilities with a market expansion and launched a new equipment financing company, Gibraltar Equipment Finance.
“A greater investment in underwriting capabilities is a natural extension of our growth as we continue to serve more types and sizes of middle market businesses,” said GBC Chief Credit Officer Jeffrey Stanek. “We are excited to add another seasoned lending expert to our robust, talented credit team.”
About Gibraltar Business Capital:
Chicago-based Gibraltar Business Capital is a well-capitalized, specialty finance company delivering working capital in the form of asset-based loans from $5 to $100 million. Gibraltar is an expert financial partner providing lower mid-market companies 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 70 years of experience, Gibraltar's team is trained to listen, think differently, and take unique circumstances into account. Gibraltar Business Capital is a portfolio company of multi-billion dollar specialty finance company Hercules Capital, Inc. (NYSE: HTGC). For more information, visit www.gibraltarbc.com.
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