Alterna Capital Solutions announced the recent addition of three members to its team of dedicated specialty and alternative financing experts. Founder and president, Stan Carpenter, credits his firm’s early and sustained success to the team’s commitment to building trusted long-term relationships with small-business owners, aiming to augment growth financing options and complement bank relationships.

“From day one Alterna has been singularly focused on finding underfinanced segments of the SME market where timely cash flow is out of sync with demand for goods and services,” said Alterna’s leader. “When well-intended lending restrictions cause lack of liquidity for hardworking, passionate and successful business owners—many of whom are creating jobs and economic growth for their community—my team feels compelled to engage and find the equation for pairing smart business and smart growth with straight-up access to capital. As we continue to grow in pursuit of our mission to help businesses achieve greatness, I’m honored to find like minded expertise in Greg Carpenter, Michael Kodinsky and Jim Thieken, and welcome them enthusiastically to the high-caliber Alterna team.”

Greg Carpenter joins Alterna as EVP and Managing Partner based in Dallas, TX, focused on growing revenue and distribution channels. Before joining Alterna, Carpenter served in a variety of roles at LSQ Funding over a productive eight-year stretch, including Strategic Partnerships and Sales & Originations, where he earned top originator status from 2013 to 2019 contributing over $1.5 billion in total AR purchases and $30+ million in gross revenue. Prior to LSQ, Greg spent three years at Bank of America Securities and five years at Goldman Sachs originating and structuring real estate syndications, as well as senior/mezzanine loans across all asset classes.

Michael Kodinsky joins Alterna as SVP of Sales & Originations, focusing his efforts on business development throughout Georgia, Florida and the Southeast region, as well as the Boston, MA market. Prior to Alterna, Kodinsky led regional new business efforts for Change Capital (2018–2020) and LSQ Funding (2016–2018), and also served the SME sector at Euler Hermes and TriNet. Kodinsky is an active member of industry associations, including ACG, SFN, and TMA in the Southeast and New England. He’s an inaugural board member of the International Factoring Association (IFA) Southeast Chapter, serving as VP of Membership and Marketing.

Jim Thieken joins Alterna as Chief Risk Officer (ABL) with responsibility to help expand the firm’s ABL offering and lead inventory finance due diligence, risk analysis, and monitoring. Thieken brings over 30 years of finance, operations and credit experience, having served six years as EVP of Credit/Underwriting at the full-service boutique asset-based lending firm, GemCap, and 23 years with the Schottenstein family of companies where he last served as SVP of Finance and Operations.

Alterna is committed to elevating small-business success into greatness through innovative and comprehensive small-business financing solutions delivered with a personal touch. Founded in 2018 and headquartered in Winter Park, FL, Alterna Capital Solutions provides financing for up to $15 million in growth capital.