Gibraltar Business Capital announced Chris Lehnes, a 20-year veteran of small business lending, has just joined the firm's team. Lehnes will be developing new factoring and asset-based lending relationships in the Northeastern United States to help small businesses acquire cash flow to aid in growth or uncertainty.

Before joining Gibraltar, Lehnes spent the past five years focused exclusively on business development of non-recourse factoring programs for small and mid-sized businesses nationwide. He has held prior positions in loan documentation, credit analysis, operations management, marketing and business development at CIT Small Business Lending and Business Loan Express and has helped finance hundreds of small and mid-sized businesses in a wide variety of industries.

Headquartered in Chicago, Gibraltar Business Capital is a privately held middle-market lender providing small- to medium-sized business owners fresh and accessible capital alternatives to a commercial bank loan.