Alterna Capital Solutions hired Greg L’Herault as senior vice president of sales and originations to meet demand in the Mountain and Desert regions of the United States, including the states of Arizona, Colorado, Idaho, Nebraska and Utah. Based in Colorado, L’Herault will be responsible for business development across the region, working with referral partners in commercial banking, private equity, investment banking, accounting, financial consulting, turnaround management and legal counsel.

“We’re happy to see Greg join the team as we serve the demand for small business growth capital in the Mountain and Desert region of the U.S.,” Stan Carpenter, president and founder at Alterna Capital Solutions, said. “With his extensive experience in asset-based lending and partnering with private equity, Greg brings valuable knowledge and first-hand insights of the working capital challenges small business owners face in any given economic climate. We look forward to seeing his presence there make an impact on the region.”

“I’m excited to join the highly respected team at Alterna,” L’Herault said. “The firm brings a collaborative approach to financing that helps both the small business and their conventional financial partners. I look forward to introducing my existing and new referral partners to the Alterna ecosystem of flexible growth capital solutions.”

L’Herault joined Alterna Capital Solutions from Sunflower Bank, where he served as senior vice president of asset-based lending for middle-market customers. Before Sunflower Bank, L’Herault led asset-based lending at Great Rock Capital (Denver), led business development at First Business Capital (Denver) and consistently exceeded sales goals at Silicon Valley Bank (Boulder, CO) while developing and managing client relationships. L’Herault is a current member and former board member of the Turnaround Management Association and is also a member of the Association for Corporate Growth.