Gibraltar Business Capital promoted Jeremy DeBoer to senior vice president and account executive team leader, Stan Scott to a senior vice president position and Sam Marder to assistant vice president.
DeBoer will lead a team of professionals who manage a portfolio of loans for Gibraltar in various industries. When a new deal comes in, DeBoer’s team manages the underwriting process, taking it through due diligence, the credit committee and eventually to closing.
“Jeremy has been a great asset to our company and our clients,” Mark Stoeberl, chief credit officer of Gibraltar, said. “We depend on him to identify and mitigate any potential risk factors in our deals. Our customers rely on him to help them work through any needs or challenges that may arise. Gibraltar’s strong growth depends on leaders like Jeremy and we’re proud to have him.”
Scott is an account executive with Gibraltar, managing an asset-based lending portfolio. He joined Gibraltar from MB Financial Bank, although the bulk of his more than 25 years of previous experience in commercial credit came from risk management roles at First Capital.
“Stan’s experience in ABL financing has helped us carry out our mission to provide our clients with fast, flexible and creative lending,” Stoeberl said. “He has the kind of depth and breadth of experience that is putting our team at the top of the industry.”
Marder originally joined Gibraltar as a collateral analyst after completing his MS in accountancy from the University of Illinois-Chicago, but he had a brief stint with another firm.
“I missed the Gibraltar environment and approach to capital solutions for middle market businesses,” Marder said. “I rejoined with the goal of providing our clients thoughtful and reliable capital solutions.”
Marder now manages a portfolio of loans for Gibraltar in the wholesale distribution, manufacturing, food and cosmetic industries. He is currently pursuing his CPA license.
“Sam has an entrepreneurial spirit,” Stoeberl said. “He works hard with prospective clients to understand their short and long-term capital needs and help them work through challenges. That’s what our clients come to us for and what they can’t get from just any lender.”
Gibraltar offers credit facility capacity between $2 million and $20 million to serve mid-market businesses.