Daily News: February 6, 2012

MidCap Business Credit Adds Schroeder to New Business Team

MidCap Business Credit has appointed Mark Schroeder to its business development team. He is a vice president and will cover the Midwest and Great Lakes regions. Schroeder has spent the last 18 years in asset-based finance and has been in business development roles for JP Morgan Chase, LaSalle Business Credit and Great Lakes Business Credit.

Seth Cooper, senior vice president, stated, “We are fortunate to have added significant experience and market visibility in the Midwest and Great Lakes regions by bringing on Mark. We anticipate he will bring MidCap strong and steady growth through his marketing efforts.”

MidCap Business Credit is a commercial finance company providing asset-based loans to businesses requiring credit facilities from $1 million and up.