BOK Financial announced the addition of S. Scott Simmons to their asset based lending team.

Approaching 25 years in the asset based lending industry, Simmons has held successful business development roles at First Capital, AloStar Capital Finance, Gibraltar Business Capital and most recently served as senior vice president with Webster Business Credit. His experience centers around originating and structuring senior secured credit facilities and equipment term debt for mergers and acquisitions, recapitalizations, turnaround and high-growth situations. Based in Texas, Simmons looks forward to bringing his experience, skills and relationships to his new team.

“Scott is a well-known business driver in the ABL community and brings years of experience to our team,” said Ryan Birnel, director of asset based lending for BOK Financial. “He has an established track record of successful originations across ABL financing types, sizes and structures. With his well-earned reputation of deal execution and integrity, we are thrilled to have him represent our brand.”

As part of the ABL team, Simmons will be responsible for accessing middle-market asset based lending opportunities through private equity sponsors, investment banking and advisory firms while supporting the needs of BOK Financial’s corporate lending groups throughout the company’s footprint.

BOK Financial’s asset based lending group provides creative and flexible financing solutions to access capital necessary to drive results through ever-changing industry and market conditions. Asset based lending is an attractive financing option for companies looking to maximize their borrowing capacity as they navigate growth, turnarounds or other challenges and opportunities. The company provides borrowers with commitments ranging from $5 million to $50 million on single-lender, club and syndicated credit facilities.  

“I am honored and excited to represent such a reputable and tenured lending institution as BOK Financial,” said Simmons.