Security Business Capital Hires Morehead as President
Morehead brings 29 years of banking and finance experience and most recently served as VP loan product manager at Regions Bank. As a specialist in factoring and government-guaranteed business lending, most of his finance career has been spent empowering businesses with capital for growth.
Morehead has not only built and run successful bank-owned alternative funding divisions but has assisted multiple other banks in doing the same.
In addition to finance, Morehead has a passion for business as a tool for transformation. He is the founder of Work of Worth International, an import and distribution company focused on combating human trafficking and global poverty by providing sustainable fair-trade jobs in the
developing world. Morehead teaches social entrepreneurship to aspiring business owners in developing countries such as India and Africa. He also lectures on the subject in colleges and universities in the U.S.
Morehead is the chairman of the board of Multiplying Teams International, and its subsidiary, Launch Global, with staff serving around the world. He previously served on the boards of the American Red Cross and the Boys and Girls Clubs of America.
“Barry’s passion and vision is exciting and I look forward to see the continued success and growth of Security Business Capital under his leadership,” remarked Jim Smitherman, CEO of Security Bank, parent company of Security Business Capital.