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MARTIN ECKSTEIN JOINS FIRST CAPITAL AS SENIOR VICE PRESIDENT

LOS ANGELES, Cal. and WEST PALM BEACH, Fla., February 21, 2008 – First Capital, a leading financial services firm, announced today that Martin Eckstein has joined the company as Senior Vice President in the First Capital Western Region office located in Los Angeles, California.

Mr. Eckstein brings more than 25 years of experience in factoring and commercial finance to the First Capital team.  Prior to joining First Capital Western Region in February 2008, Mr. Eckstein was the Senior Vice President and Western Region Portfolio Manager for Wells Fargo Century.  As one of the original three employees for Wells Fargo Century’s Western Region, he successfully managed the growth of the portfolio and was recognized by the bank for outstanding performance as the recipient of the Golden Spoke Award. 

Previously, Mr. Eckstein was a Vice President and Senior Account Executive with The CIT Group-Commercial Services where he managed traditional factoring relationships and mentored junior account executives.  He ran training seminars for incoming staff during the merger with Heller Financial and was a recipient of the CIT Client Service Award.

Mr. Eckstein has been an active member of the professional community.  He has served on the Board of Directors of the Apparel Industries Group for City of Hope since 1980 and is also a member of L.A. Professional Services for National Jewish Medical and Research Center as well as the Textile Professional Club.

Mr. Eckstein holds a B.A. in Political Science from Hofstra University in New York.

Mark Sunshine, President of First Capital, stated, “I am very pleased to have the opportunity to extend a warm welcome to Marty.  It shows that First Capital has the capability to attract such extraordinary talent from within the industry and I look forward to the gains that can be made in our Western Region office as a result of Marty’s experience.  He’s made an excellent choice.” 

About First Capital

First Capital (www.FirstCapital.com) is a leading commercial financial services firm providing prompt, professional and reliable working capital solutions and outsourcing, primarily for middle-market companies and institutions.  With over $1 billion in total committed lines, First Capital is one of the largest independent and fastest-growing commercial finance companies in the United States.  The firm focuses on asset-based lending, accounts receivable management, credit protection, international supply chain financing and servicing for clients in North America and Asia.  The firm also manages asset portfolios for clients and is an active issuer of receivables-backed securities.  Combining a unique blend of traditional and progressive banking methods, First Capital provides clients with customized support needed to grow and maintain their business.  Based out of West Palm Beach, Florida, the firm has six full-service offices in major cities including New York, Los Angeles, Ft. Lauderdale, Oklahoma City and Atlanta and a subsidiary that is headquartered in Hong Kong.