First Growth Capital, a division of First Capital, said it hired Shane O’Grady and Viet Ho as VP/business development managers based in Phoenix and Los Angeles, respectively.

O’Grady will be responsible for business development and marketing activities throughout the Southwest region to meet the working capital credit needs of small and medium-sized businesses. He has 15 years in investment banking, financial services, market development and mergers and acquisitions. Prior to joining First Growth Capital, O’Grady was managing partner with Private Capital Alliance. Other previous positions included senior business advisor with Houlihan, Smith & Company and director of business development with Choice One Mortgage.

Ho will be responsible for business development and marketing activities throughout the Western region. Ho has 15 years in sales management, financial services, market development and business development. Prior to joining First Growth Capital, Ho was head of sales – Western region with Bibby Financial. Other previous positions included VP with HSBC Bank, financial center manager with Bank of America and business manager with E*Trade Financial.