BOCA RATON, FL, April 17, 2012 – First Capital, a leading commercial finance company, announced that Jerry Shea has been promoted to Senior Vice President / Portfolio Manager of First Growth Capital’s office located in Boca Raton, FL.
               
Mr. Shea has over 20 years in the finance and lending industry in the fields of business development, underwriting, and portfolio management. He is responsible for managing all portfolios for the First Growth Capital division. Mr. Shea received a B.S. in Business Management from The Georgia Tech College of Management at the Georgia Institute of Technology and is a member of the Commercial Finance Association (CFA).

First Growth Capital provides Invoice Purchasing Financing starting at $200,000 primarily to small and middle-market business owners with annual sales of $1,000,000 and up. Clients typically are manufacturers, wholesalers, distributors, and commercial service providers.

“Jerry is an essential member of our team and its future success,” said Jay Atkins, President of First Growth Capital and Executive Vice President of First Capital.  “His expertise is extremely valuable in the execution and management of our growing and diverse portfolio.” 

For further information relating to Invoice Purchasing solutions or First Growth Capital, please contact Mr. Atkins at 561-623-1892

About First Capital
First Capital provides working capital financing typically ranging from $2 million to $15 million primarily to small and middle-market entrepreneurs with annual sales ranging from $10 million to $250 million. Credit facilities are in the form of Asset-Based Loans, Factoring Arrangements or Invoice Purchasing handled by the First Growth Capital division. First Capital is one of the largest independent Asset-Based working capital lenders in the United States. Headquartered in Boca Raton, Florida, the firm has additional full-service offices in New York, Los Angeles, Atlanta and Oklahoma City with sales offices located across the United States. For more information, please visit www.firstcapital.com.