Texas Capital Bank Hires Asset Based Lending Team
July 25 2016 - 03:00PM
Texas Capital Bank announced today that Chris Capriotti, Jeff
Tompkins and Olivia Pipitone have joined the bank, and will be
responsible for expanding its Asset Based Lending (ABL) practice.
Mr. Capriotti will lead the group and he succeeds Ed Franco who
retired last month.
The team was formally with JPMorgan Chase. Mr. Capriotti
and Mr. Tompkins are veteran ABL bankers who spent 20 years and 16
years respectively with the firm.
ABL bankers work with companies that rely on assets like
inventory and equipment to do business, and that may experience
seasonal requirements, uneven cash flow patterns, higher leverage
or cyclical changes.
Asset based loans provide a powerful tool for securing financing
for projects like:
- Acquisition financing
- Expansion
- Recapitalizations
- Turnarounds
- Working capital
“Asset Based Lending is a great tool for our commercial clients
and we are very pleased to have someone of Chris’ caliber expanding
this important business for us,” said President and CEO Keith
Cargill.
For more information regarding Texas Capital’s Asset Based
Lending business, please contact
chris.capriotti@texascapitalbank.com.
ABOUT TEXAS CAPITAL BANKTexas Capital Bank is a
commercial bank that delivers highly personalized financial
services to businesses and entrepreneurs. We are
headquartered in Texas working with clients throughout the state
and across the country. Texas Capital Bank is a wholly owned
subsidiary of Texas Capital Bancshares, Inc. (NASDAQ:TCBI) and is
recognized as a Forbes Best Banks in America and the Dallas Morning
News’ Top 100 Places To Work company. To find out why we’re the
Best Business Bank in Texas®, please
visit www.texascapitalbank.com.
MEDIA CONTACT
Tricia Linderman, 214.932.6798
tricia.linderman@texascapitalbank.com
INVESTOR CONTACT
Heather Worley, 214.932.6646
heather.worley@texascapitalbank.com
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