First Growth Capital, a division of First Capital, announced the hiring of Sarah Stredic as vice president and business development officer. Stredic will be based in Midland, TX and will be responsible for business development and marketing activities throughout the Permian Basin to meet the working capital credit needs of small- and medium-sized businesses.

Prior to joining First Growth Capital, Stredic was responsible for business development with Security Business Capital specializing in oil and gas. Other previous positions include business development officer and account executive with Interstate Capital.

“We look forward to building our portfolio with a seasoned professional such as Sarah,” said Jay Atkins, President of First Growth Capital. “She has consistently ranked as the top producer in her previous positions and we know she will be able to represent the flexible and tailored funding First Growth Capital is able to provide.”