Business Capital (BizCap) added David Schubel as a vice president of originations.
Schubel will be based in Texas and responsible for developing and managing new business opportunities in the Southwest region, working with capital markets and credit teams, partners and clients to structure and deploy commercial financing and restructuring solutions for mid-sized businesses.
Schubel has been involved in the commercial real estate and banking industries nearly 15 years, most recently founding and managing his own debt buying, loan workout and capital raising firm. Prior to this, he was buying and selling non-performing loans and providing consulting services to clients spanning from origination to foreclosures and everything in between. He has transacted more than $50 million worth of loan sales to date in his career, heading up divisions of companies engaged in title insurance, commercial loans, publishing and auction services, as well as working in business development at IndyMac Bank.
“We are very excited to have David on board to lead development efforts in the Southwestern United States. His background and deep experience working with special asset bankers, turnaround management professionals and financial advisory services firms brings true strategic finance and operational expertise to BizCap’s clients in special situations,” Chuck Doyle, managing director of Business Capital, said. “At BizCap, we place the highest priority on being extremely responsive to both our clients and partners and, as a former D1 athlete, David understands the value of determination, dedication, discipline and commitment to excellence in getting the job done on behalf of all stakeholders.”
BizCap is a commercial finance and advisory firm specializing in securing customized non-dilutive credit based solutions for rapidly growing as well as challenged middle market companies.
