Gibraltar Business Capital hired Jeff Stanek as executive vice president.
Stanek has experience structuring and growing asset-based portfolios while managing for risk. He previously worked for Wells Fargo Capital Finance as a commercial lender. In addition to his 20 years of experience with Wells Fargo Capital Finance, Stanek managed and grew portfolios for Fremont Financial, FINOVA and Guaranty Business Credit.
Most recently, Stanek managed more than 20 members of six portfolio teams in Georgia, North Carolina and Texas with P&L responsibility for Wells Fargo Capital Finance’s southern regional ABL group. He was also responsible for hiring, coaching and retaining the credit team.
“Jeff’s depth of expertise with more than 28 years working with asset-based credit facilities — including managing a mixed range of portfolios — is a welcomed addition to GBC’s bench of seasoned credit professionals,” Scott Winicour, CEO of Gibraltar Business Capital, said. “His aptitude for nurturing relationships across the industry aligns with GBC’s focus on solving challenges and fueling growth for our clients throughout any stage of the business lifecycle.”