Daily News: April 18, 2012

First Growth Capital Promotes Shea to SVP, Portfolio Manager

First Capital announced that Jerry Shea has been promoted to senior vice president/portfolio manager of First Growth Capital’s office located in Boca Raton, FL.

Shea has over 20 years in the finance and lending industry in the fields of business development, underwriting, and portfolio management. He is responsible for managing all portfolios for the First Growth Capital division.

Shea received a B.S. in Business Management from The Georgia Tech College of Management at the Georgia Institute of Technology and is a member of the Commercial Finance Association (CFA).

“Jerry is an essential member of our team and its future success,” said Jay Atkins, president of First Growth Capital and EVP of First Capital. “His expertise is extremely valuable in the execution and management of our growing and diverse portfolio.”

First Growth Capital provides invoice purchasing financing starting at $200,000 primarily to small- and middle-market business owners with annual sales of $1 million and up.