Gibraltar Business Capital added Stan Scott as a vice president, account executive, further filling out its team with another banking industry veteran.

With more than 25 years of experience in the commercial credit arena, Scott will be managing an asset-based lending portfolio. Although he was most recently a senior vice president with MB Financial Bank, the bulk of his career was spent at First Capital, serving in a variety of risk-management roles.

“We couldn’t be happier to have found an executive with Stan’s depth and breadth of experience to add to our growing, entrepreneurial-minded team,” said Gibraltar President Scott Winicour. “His experience in ABL financing matches well with our mission to provide our clients with fast, flexible and creative lending.”

Based in Chicago, Gibraltar Business Capital is a specialty finance company delivering working capital in the form of asset-based loans and factoring solutions to small and mid-market companies.