Daily News: September 13, 2012

First Capital Promotes Winston to VP, Credit Officer

First Capital announced that Mignon Winston has been promoted to vice president/credit officer. Winston will operate out of the First Capital headquarters located in New York City where she previously served as an underwriter.

Winston brings over 25 years of credit and portfolio management experience to her new position. Prior to First Capital, Winston worked for Wells Fargo Bank as vice president in both underwriting and portfolio management with experience in Chapter 11 filings, workouts and recaps. Other prior positions include senior underwriter at The CIT Group, lender at Chase Manhattan Bank, senior underwriter at Heller Financial, and various credit positions at Chemical Bank including term lending credit deputy. Winston has a BA in economics from Harvard University and an MBA in Finance from New York University.

“Mignon’s expertise will be invaluable to First Capital and we are excited she has decided to accept this new position,” said Gerard Hanabergh, chief credit officer and EVP of First Capital. “She has already proven her excellent analytical skills and judgment in her previous position in underwriting numerous financing facilities and we are confident in her ability to excel in this new role.”

First Capital provides working capital financing ranging from $2 million to $25 million primarily to small- and middle-market business owners with annual sales ranging from $10 million to $250 million.