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Breakout Capital Expands Senior Leadership Team

Date: Aug 08, 2017 @ 08:00 AM

Breakout Capital announced the appointments of Robert Fleischmann as Senior Vice President, Strategic Partnerships and Tom McCammon as Senior Vice President, Business Operations. Both Fleischmann and McCammon bring a wealth of knowledge and small business lending experience that can accelerate Breakout Capital's rapid growth.

"Breakout Capital's growing employee base shares the same passion and commitment to advancing the Company's mission to provide transparent working capital solutions, educate small businesses, and promote industry-wide best practices. We are thrilled with the additions of Robert and Tom to the leadership team," said Founder & CEO, Carl Fairbank.

"Breakout Capital impressed me with its outstanding commitment to educating and advocating on behalf of small businesses," said Fleischmann. "The innovative loan products combined with the impressive team of professionals make me extremely excited about the opportunity."

Fleischmann will lead Breakout Capital's efforts to expand and diversify its channels through strategic partnerships. Prior to joining Breakout Capital, Fleischmann was Director of Strategic Partnerships at RapidAdvance where he worked with a diverse group of partners, including banks and commercial finance companies, to help meet the financing needs of their business clients.

McCammon joins Breakout Capital with direct industry experience as he was formerly Director of Portfolio Management and Credit Operations at OnDeck. Prior to OnDeck and his recent move to the Breakout team, McCammon was involved in two de novo banks and was a consultant to the FDIC during the financial crisis. He will be a central figure in continuing to build Breakout Capital's stature as both a credit-and customer-centric enterprise.

"Having worked in both retail banking and fintech, I was drawn to Breakout Capital as they have successfully combined strong credit and ethics fundamentals from traditional banking while still efficiently delivering capital to small businesses," said McCammon.

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