Daily News: March 20, 2012

Bridge Capital Finance Expands Into Southeast, Hires SVP

Bridge Capital Finance said it is expanding its technology banking and its capital finance practices into the Southeastern region of the U.S., and that it hired Jerry Younts as senior vice president, business development officer for the Southeast region.

Younts will be based in Charlotte, North Carolina, and will serve in a dual role representing the bank’s Technology Group and its Bridge Capital Finance Group.

Younts was previously senior vice president with Accord Financial and spent 14 years with Capital Business Credit where he specialized in asset-based lending.

“We see an opportunity to bring financial solutions to firms in the Southeast, a region where we have already experienced success and yet still remains underserved,” said Lee Shodiss, senior vice president and group manager of the Bridge Capital Finance Group. “Jerry’s vast market knowledge and years of experience in asset-based lending will help the bank reach and serve more companies who need a better banking alternative.”