Daily News: March 5, 2012

First Growth Capital Hires Grenga as Vice President

First Growth Capital, a division of First Capital, announced the hiring of Christina M. Grenga as vice president. Grenga will be based out of the Boca Raton, FL headquarters and will be responsible for marketing and business activities to meet the working capital credit needs of small- and medium-sized businesses. Grenga has over 20 years in the wholesale, retail and mortgage industries in business development, underwriting, and credit and deal structuring.

“We are happy to have Christina join our team in the Boca Raton office,” said Jay Atkins, president of First Growth Capital. “Her experience in business development and cultivating new relationships will add to First Growth Capital’s growth strategy in both the Florida market and through the U.S.”

Grenga stated, “I am extremely excited about joining First Growth Capital in the capacity of business development. The entire company has a great reputation for delivering speed, certainty and flexibility for both asset-based loans and factoring facilities. There are many companies that can benefit from the tailored packages First Growth Capital is able to quickly create and I look forward to the many opportunities available for business development.”

Prior to joining First Capital, Grenga was with NCO as the business development and national sales manager working on increasing referral channels and lead generation. Previous positions include regional vice president – Wholesale, Producing sales manager and account executive for Chase Home Mortgage. She is a graduate of the University of Missouri and a member of ACG, CFA, IFA, Miami Finance Forum and Florida Alternative Investment Association.

First Capital provides working capital financing typically ranging from $2 million to $20 million primarily to small- and middle-market entrepreneurs with annual sales ranging from $10 million to $200 million.