Kevin McGarry has joined Gerber Finance as chief credit officer. In his new role, McGarry will be responsible for managing Gerber’s diversified loan portfolio, focusing on credit quality and client retention. Prior to joining Gerber he was employed by First Capital, where he was president of the Factoring division and northeast regional manager of Asset Based Lending.

McGarry is a 38 year veteran of the factoring and ABL industry. He previously held senior leadership positions at GMAC Commercial Finance, GE Capital Commercial Services, Congress Financial and Heller Financial.

“We are so pleased to welcome Kevin to Gerber. Kevin brings extensive experience and insight to our team”, said Jennifer Palmer, president of Gerber. “Kevin’s deep understanding of complex credit issues will be a tremendous asset to our clients and his wide range of knowledge across multiple industries will help support Gerber’s recent growth”.

Founded in 1995, NY-based Gerber Finance provides businesses with credit lines up to $10 million and specializes in financing the growth of importers, distributors, service providers and manufacturers across a wide range of industries.