Mountain Ridge Capital, an asset-based commercial finance company, hired Scott Elliotto and Kevin Copenspire as senior managing director and managing director of business development, respectively.
“Our mission is to be a provider of unique and creative capital solutions to middle market businesses that value speed, sophistication and greater liquidity,” Craig Winslow, CEO of Mountain Ridge Capital, said. “With the addition of Scott and Kevin, we have continued to build a world class originations team.”
Elliotto, an industry veteran, is based in New York; however, he is responsible for originating opportunities nationwide. Elliotto is a nonbank asset-based lending veteran with more than 30 years of experience. Prior to joining Mountain Ridge, Elliotto spent over 13 years at Siena Lending Group, including roles in originations, president and CEO.
“I am very excited to be part of the MRC team,” Elliotto said. “We are at an inflection point, where I can add significant value and help get the business to the next level of growth. We have a very solid core team and substantial equity backing, essential ingredients with which to continue impacting the middle market and make a difference for our target borrowers.”
Copenspire is responsible for the mid-Atlantic and southern regions. Prior to joining Mountain Ridge, Copenspire was a top producer at Webster Bank.
“I am thrilled to join the Mountain Ridge team and the opportunity to get into private credit and to work with an experienced and creative team that is focused on being a differentiated partner for its clients is one that fits squarely with my long-term career objectives,” Copenspire said.
Both Elliotto and Copenspire will collaborate with the rest of the Mountain Ridge Capital team to provide all forms of credit to a wide variety of lower middle market companies across the country.
