Karen Gottwald joined BizCap, a national commercial finance and advisory firm, as senior vice president and business development officer. Coinciding with the hiring of Gottwald is the opening of BizCap’s new office in Tampa, FL. Based in both Florida and Illinois, Gottwald will be responsible for new business origination throughout the United States.

“Karen is highly regarded as a commercial finance expert and skilled advisor,” Chuck Doyle, president and CEO of BizCap, said. “She has a substantial history of rapid market penetration, prospect generation and successful deal conclusion. We’re excited for her insights and contributions, which will benefit BizCap clients.”

Gottwald has more than three decades of experience in senior and sub-debt lending, asset-based lending, leveraged finance and capital markets expertise, along with sales management skills and a network of connections. She has been a producer of loan originations with banks and commercial finance companies, including Beal Bank, CIT Business Credit and Bankers Trust (now Deutsche Bank).

“I’m so impressed with the dedication, collaboration and high level of client focus of the entire BizCap team,” Gottwald said. “Chuck and the team have built a model that delivers incredible value to businesses in need of capital, and I’m excited to accelerate the company’s growth.”

Over her career, Gottwald has led efforts to expand into new markets and geographic footprints. She has worked with hundreds of publicly-traded, privately-held, private-equity-sponsored and family-owned companies, assisting with financing for growth, acquisitions, recapitalizations and turnaround situations. Most recently, she led commercial lending efforts for Beal Bank.