New York, NY – First Capital, a leading commercial finance company, announced the hiring of W. Calvin Navatto as Vice President in its Northeast Region.  Mr. Navatto will be based out of First Capital’s New York office and will be responsible for marketing and business development activities to meet the financing needs of growing and middle-market companies throughout the New York metropolitan area.

Mr. Navatto joins First Capital with over 25 years of experience in the Commercial Finance and Asset-based Lending Industry.  He has been successfully based in the New York and New Jersey region for his entire career and brings a strong database and referral network with him to First Capital’s Northeast Region.

Prior to joining First Capital, Mr. Navatto was most recently an SVP at Sun National Bank. He has also held VP positions at Marquette Commercial Finance/Marquette Business Credit, Webster Business Credit, Inc., and Marine Midland Bank.  In addition, he was a Business Financial Advisor with Merrill Lynch Pierce Fenner & Smith and a Regional Manager with Sunrock Capital Corporation.  Mr. Navatto is a graduate of Montclair State University and a member of CFA, TMA, GSCA, NYIC, and ACG where he served as President of the New York Chapter from 2003 to 2004.

“Cal Navatto is a great addition to our growing team at the New York office,” remarked Kevin McGarry, Northeast Regional Manager of First Capital. “Cal’s many years of successful lending and financial advising in the New York metropolitan area gives him the perfect platform to help grow First Capital’s lending to small and middle-market companies.”
 
“I am thrilled to have joined First Capital’s Northeast Region,” stated Mr. Navatto.  “This is a fabulous opportunity to work with a national firm once again and to leverage the relationships I’ve developed over the years to provide customized financing solutions to businesses in this difficult economic climate.”

First Capital provides financing ranging from $3 million to $20 million to middle market companies with annual sales from $10 million to $100 million.  Credit facilities are focused on working capital solutions consisting primarily of asset-based loans to support growth, acquisitions, turnarounds and restructurings. To find out more about how First Capital can provide the proper financing solution for your situation, please contact Mr. Navatto at (212) 920-2837 or via email at cnavatto@firstcapital.com.