Gibraltar Business Capital has appointed Elijah Kaplan as Senior Vice President, Northeast Region, and Scott Simmons, as Senior Vice President of the Southwest Region.

Located in New York, Kaplan is an experienced professional in middle market lending, private equity, and restructuring. He has over 16 years of experience in financing, acquiring, and advising middle-market businesses through leveraged buyouts, acquisitions, recapitalizations, and restructurings. He honed his collaborative approach to working with management teams and private equity sponsors while at Deloitte CRG, Hudson Capital Partners, Marathon Asset Management and Albion Investors.

Based in Dallas, Simmons joins Gibraltar with 25 years of experience in building relationships and structuring deals focusing on the lower end of the middle market. During his time with FINOVA/Textron, First Capital, and AloStar, Scott utilized his consultative approach to become a trusted advisor for borrowers and referral sources, including junior and specialty lenders and equity sponsors.

“The addition of our two new business development executives strengthens our reach nationally and allows us to maintain strategic momentum,” said Gibraltar Executive Vice President and Head of Sales Anthony DiChiara. “We welcome Scott and Elijah and believe their extensive experience will add depth to our ever-growing team and further our mission to provide our clients with fast, flexible, and creative lending.”

Simmons and Kaplan join the Gibraltar team to help keep pace with market demand for quick access to working capital when banks and other funding sources are limited or too restrictive. Since its formation in 2010, Gibraltar has underwritten more than $325 million in total credit facilities to more than 170 borrowers. Gibraltar was recently named to the Inc. 5000 list by Inc. magazine.

Click Here to read ABL Advisor's Q&A with Manuel Henriquez Founder, Chairman and CEO of Hercules Capital, about the company's recent acquisition of Gibraltar Business Capital