Daily News: August 11, 2014

First Capital Hires VP/Senior Underwriter

First Capital announced the hiring of Bruce J. Mettel as vice president and senior underwriter. Mettel will be based out of the Chicago office located in the ABL Central region and will be responsible for underwriting and risk analysis of new business throughout the upper Midwest region. Mettel has over 25 years in the financial industry in credit, underwriting and portfolio management.

Prior to joining First Capital, Mettel spent 10 years with PNC Bank as senior relationship manager/vice president. Other previous positions include senior account executive with Bank of America, senior relationship manager with Finova Capital and vice president in the Corporate Finance department of the Bank of Tokyo.

“We have experienced very good growth in Chicago and the upper Midwest region” said John Curtis, executive vice president and regional manager of First Capital’s ABL Central Region. “Bruce’s experience in the business and the region further strengthens our team and allows us to continue this growth and serve a very important market for the company. First Capital has been very successful over the last eighteen months in providing middle-market companies with flexible solutions to their working capital needs.”

Harry Novak, senior vice president and regional business development manager, remarked, “Bruce comes to our Chicago office with an excellent background of relationship management and underwriting. This well-rounded experience is essential in understanding the credit needs of our clients and prospective clients and gives First Capital the ability to respond quickly in providing flexible financing structures that are very important in serving our clients and winning new deals.”