Daily News: January 17, 2012

Hanabergh Joins First Capital as Chief Credit Officer

First Capital announced Gerard Hanabergh has joined the company as executive vice president and chief credit officer. Hanabergh has more than 25 years in the loan and finance industry in compliance, credit structuring and underwriting, client relationship management, marketing and general management.

“We are very pleased to have Gerard joining our team,” said Lee Wilson, Chairman, president and CEO of First Capital. “His experience in loan structure, underwriting and credit risk management will play a considerable role in supporting our profitable growth strategy and facilitate our lending to small- and mid-sized businesses throughout the United States.”

Hanabergh stated, “I am happy to be joining First Capital in the capacity of building policies and infrastructure that will enable origination growth. First Capital is positioned competitively from other lenders by being independently owned and having a flat management structure that allows for quick access to key decision makers. These unique capabilities provide an ideal model to support entrepreneurs in reaching their financing goals.”

Prior to joining First Capital, he was chief risk officer for the asset-based and leasing portfolio with RBS/Citizens Financial where he was responsible for approving new credits, managing the entire portfolio, and execution of the company