Commercial finance veteran Joel Flig has launched Mountainside Capital to provide direct funding to companies needing the right capital solutions for their businesses.
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The company will offer receivables financing and other ABL products, including term loan opportunities, and will participate on transactions with other lenders.
“We are very excited about starting Mountainside. Our team understands the importance of being responsive and providing funding quickly. With deep industry expertise, no formal committee process that slows approvals and fundings, and direct access to the owners, Mountainside offers key advantages for business owners to obtain funding,” said Flig._x000D_
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Flig, who will serve as president and CEO of Mountainside, has been in the commercial finance business for more than 40 years. Most recently, he helped build his previous factoring company to a successful sale to a bank.
Flig’s career highlights include helping launch Greystone Business Credit as an executive vice president, where he managed the sales team and was responsible for the day to day operations, including sitting on several credit committees. Flig has also founded an investment banking firm which provided consulting to companies and placed $600 million in financing transactions nationwide.
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Mountainside Capital will be looking at transactions from $100,000 to $10,000,000 across the nation. To learn more, contact Joel Flig at (516) 721-8643 or joel.flig@mountainsidecap.com, or visit our website at https://mountainsidecap.com/.
