Flatbay Capital added Matthew Melvin as acting chief credit officer. Melvin started his career in banking as a commercial credit analyst for Woodforest National Bank in 2005. Upon leaving Woodforest, he moved into a commercial lender role at a de novo bank, Lone Star Bank in Houston, where he honed his skills and in time held the roles of chief credit officer, chief lending officer and Houston market president.
Prior to joining the Flatbay Capital team, Melvin knew managing partner Elliot Smith from his days as a banker. When Smith and Jorge Puig decided to open the private lending firm, Melvin’s institution was one of the first to partner with them.
After a successful career at Lone Star, Melvin wanted another opportunity to make an impact at a company.
“I am very excited to join this firm and really want to try to grow this into what we envision it to be,” Melvin said.
“We have known Matt for over a decade and are ecstatic to have him join the team as our head of credit and operations,” Smith said. “As we manage our rapid growth, he will greatly enhance our decision-making abilities both on individual transactions and the business itself. We expect him to become invaluable to Flatbay, and we look forward to his contributions to our firm.”
