Dan Flaherty, Senior Vice President, has been with Gibraltar Business Capital since its early days as a company – first as a contractor, then joining as a full-time employee in 2011. Dan shared more about who he is, inside and outside of work, including his expertise in credit management, his enthusiasm for mentorship, and his secret karaoke skills.
What is your role at Gibraltar?
I work on the credit side at Gibraltar. Once a prospective borrower has signed a letter of intent, I will schedule all of the diligence and underwrite the transaction, detailing risks, mitigants, and key factors about the business. I outline the loan structured and present the credit strengths and weaknesses to the credit committee. If we move forward, I negotiate the document with the borrower and close the loan. Then I continue to manage the loan along with others in my portfolio. The industry calls this “cradle to the grave” credit management.
What do you find most rewarding about working at Gibraltar?
I really enjoy the day-to-day interaction I have with other team members, like our collateral analysts. I like to help mentor them and advance their careers. I wanted to be a math teacher earlier in life, but I ended up studying accounting instead of math. I started in this industry over 25 years ago, so it’s rewarding when I can help someone on the team learn new skills, deepen their knowledge, and understand concepts and risks better.
It’s also satisfying when I find a way to help a borrower with an issue they’re dealing with. It may be a big problem for them, but it’s a small thing for us to find a solution. We can be responsive and, without taking on too much risk, help smooth out their cash flow to make a difference in their business.
What opportunities or new developments are you excited about in the future?
I’m excited to see where things continue to go. We’ve expanded our sales force in recent years. I’m looking forward to seeing where that will take us and how it will allow us to grow our portfolio over time. And hopefully these changes will lead to other diverse opportunities.
How do you enjoy spending your time outside of work?
I have a young son, a 7-year-old in second grade, so I like spending time with him and doing fun activities together. I’m the den leader for Cub Scouts, which has been a lot of fun. I’ve been a coach for his baseball team over the last few years and enjoy interacting with the other coaches and kids.
I like fishing and want to do it more often. I go on what used to be an annual fishing trip to Canada with my brother, father, uncle, and cousins – now it’s every few years, but we went last summer and plan to go again next summer.
And I’m a Chicago Bears season ticket holder. It’s big thing in our family; we’ve had the tickets for a while, and we love to go to games and tailgate.
What is something your colleagues or clients might not know about you?
They might not know that I like to sing karaoke. My go-to songs to perform are “Suspicious Minds” by Elvis Presley and “Brandy” by Looking Glass. I think everyone I work with knows I’m a Bears fan and used to have long hair back in the day. I also used to practice agility training with my border collie, Payton, where he jumped through hoops and over obstacles.