Gibraltar Business Capital, an industry leader in providing small and mid-market companies with the capital they need to solve short-term challenges or seize growth opportunities, has added Scott Shapiro as Senior Vice President, Business Development Officer West Region, further filling out its sales team with another veteran specialty finance lender.
Shapiro joins the Gibraltar team to help keep up with market demand for quick access to working capital when banks and other funding sources are limited or too restrictive. Gibraltar continues to experience sustained growth having funded nearly $60MM year-to-date and recently being named to the Inc. 5000 list by Inc. magazine.
With more than 15 years in commercial finance, Shapiro leverages his vast network and experience to find the best match between client needs and financing solutions. He has held roles at both privately held and bank owned commercial finance companies including, Crestmark Bank and Briar Capital. Shapiro is active in the local chapters of the Risk Management Association and is a former board member of the Los Angeles chapter.
“We welcome Scott to the team and believe his extensive background in factoring and asset-based lending will add depth to our ever-growing team,” said Gibraltar Executive Vice President, Head of Sales Anthony J. DiChiara. “He’s a clear match with our mission to provide our clients with fast, flexible and creative lending.”