Boca Raton, FL – First Capital, a leading commercial finance company, announced the hiring of James Perrotta as Vice President in its Southeast Region.  Mr. Perrotta will be based out of First Capital’s Boca Raton office and will be responsible for marketing and business development activities to meet the financing needs of growing and middle-market companies throughout the Northern and West Coast Florida regions.

Mr. Perrotta joins First Capital with 30 years in the Asset-based Lending and Factoring industry with experience in new business development, underwriting, operations and audit.  For the past five years he has successfully worked on consulting and advisory projects specializing in turnarounds, liquidations and equity investments.

Prior to joining First Capital, Mr. Perrotta was most recently a partner at Robert Swett Consulting, LLC. where he also served as President at the affiliate RS Capital Advisors, LLC. He has held SVP positions at Textron Financial Corporation and Finova Financial Corporation, and VP positions at Whirlpool Financial Corporation, Marine Midland Business Loan, Inc., and BancAmerica Business Loans, Inc.  He is a graduate of Lehigh University and a member of the TMA, CFA and ACG.

“We are very excited to have Jim join our growing region where there is a large market for lending to small and middle-market companies,” said Ellen Schweitzer, Southeast Regional Manager for First Capital. “Jim has many years of experience in all aspects of ABL and factoring combined with a successful business development history.”
 
“First Capital’s business model of timely funding and flexible structured facilities fits well in today’s marketplace,” stated Mr. Perrotta.  “Most of my experience has been with independent lenders rather than regulated banks so I understand the industry and am happy to be working with First Capital which is one of the largest independent Asset-Based working capital lenders in the United States.”

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 James Perrotta at (904) 432-8517 or via email at JPerrotta@firstcapital.com.