David DiPiero, President and CEO of FGI, has announced that Doug Stewart has joined the firm as Vice President of Business Development. In this position, Stewart will be responsible for business activity on the West Coast. His goal will be to focus on maintaining and strengthening relationships with other lenders, finance companies, equity sponsors and referral sources.

Stewart brings nearly a decade of experience in asset based lending and corporate investment banking, as well as experience working with business development teams, making him a natural fit for FGI.

"I'm thrilled to start working with FGI, a great company that has a lot to offer the California and Pacific market. I am pleased to be with the company at such an exciting time as they expand their West Coast footprint," Stewart noted.

Prior to joining FGI, Stewart was responsible for Portfolio and Account Management, as well as Business Development in the California region with Wells Fargo Capital Finance. Before that, he was with Merrill Lynch Capital where he focused on corporate banking and supporting the underwriting and portfolio teams on both new and existing deals. Through his experience, Stewart has gained extensive knowledge in asset based lending and an affinity for international trade.

“We are looking forward to having Doug join our team,” states David DiPiero. “We expect that he will contribute greatly to our continued West Coast expansion."

FGI is a global leader in the commercial finance and services industry, equipping small and medium enterprises with the tools they need to safely grow their business. FGI’s three key business units, FGI Finance, FGI Risk, and FGI Capital, cover the full spectrum of financial services – providing customized business solutions tailored to meet all client needs. Headquartered in New York City, FGI maintains a presence on 6 continents with clients in over 60 countries around the world.