Media Contact:
Suzanne Dawson
Linden Alschuler & Kaplan
212.329.1420
sdawson@lakpr.com

FIRST CAPITAL PROMOTES THOMAS W. STRACHAN TO
SENIOR EXECUTIVE VICE PRESIDENT

NEW YORK, NY and BOCA RATON, Fla., March 10, 2009 – First Capital, a leading financial services firm, announced today that Thomas W. (“Tim”) Strachan has been promoted to Senior Executive Vice President in the Boca Raton, Florida office. 

Mr. Strachan is the Chief Credit Officer responsible for the day-to-day management of client and customer First Capital's interest in Siemens First Capital Commercial Finance, LLC, a joint venture between Siemens Financial Services and First Capital.

Prior to joining First Capital, Mr. Strachan founded T & B Connections, LLC, a continuation of MetSource Capital, LLC, of which he was co-founder, managing director and 20% owner. At both T&B Connections, LLC and MetSource Capital, LLC, he worked on advising clients in areas such as due diligence examinations for lending institutions, venture funds and private institutions, firms operating in bankruptcy and performing forensic accounting functions.  Mr. Strachan has a BBA from the University of Notre Dame, Notre Dame, Indiana and is a member of the Sorin Society of Notre Dame and a member of the Board of Directors of Christian Brothers Academy in Lincroft, NJ.

John W. Kiefer, Chief Executive Officer of First Capital, stated, “More than any other individual at First Capital, our ability to work through the treacherous credit environment is dependent upon Tim and his common sense approach to credit analysis.”  Mr. Kiefer went on to say, “During 2008, Tim’s judgments were almost perfect and one of the primary reasons First Capital has done well in the current environment.”

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 well 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 Boca Raton, Florida, the firm has full-service offices in major cities including New York, Los Angeles, Atlanta and Oklahoma City as well as Asian subsidiaries in Hong Kong and Manila. 

###