Entrepreneur Growth Capital (“EGC”) announced the hiring of Ryan Ray as Vice President of Business Development to enhance EGC’s lending footprint throughout the Midwest. Based in Chicago, Ryan will be responsible for sourcing new asset-based loan opportunities from $1 million to $15 million.
“We are pleased to welcome Ryan to the EGC team,” said Anthony Lavinio, President of EGC. “EGC seeks to provide creative and flexible financing solutions to small and middle market companies and with Ryan’s experience, we are thrilled to have Ryan source new lending opportunities for EGC.”
Ray has over 20 years of experience in the financial advisory services sector focusing on appraisals and asset valuations. Over his career, Ray has worked closely with asset-based lenders, private equity sponsors, commercial lenders, advisors, and other financial institutions focusing on sourcing valuations, dispositions, and term loan needs. Through his vast commercial and industrial sector knowledge, Ray has a keen perspective on how businesses’ operate. “I am excited at the opportunity to hit the ground running in my new role,” said Ray. “I’m looking forward to expanding upon ECG’s growth with companies that need creative and reliable financial solutions.”