BizCap (Business Capital since 2002), announced industry veteran Karen Gottwald has joined as senior vice president, business development officer. Coinciding with the hiring of Ms. Gottwald is the opening of BizCap’s new office in Tampa. Based in both Florida and Illinois, Gottwald will be responsible for new business origination throughout the U.S., deepening borrower and referral relationships.
“Karen is highly regarded as a commercial finance expert and skilled advisor,” said Chuck Doyle, BizCap president and CEO. “She has a substantial history of rapid market penetration, prospect generation and successful deal conclusion. We’re excited for her insights and contributions, which will benefit BizCap clients.”
Gottwald brings more than three decades of experience in senior and sub-debt lending, asset-based lending, leveraged finance and capital markets expertise, along with deep sales management skills and a robust network of connections. She has been a leading producer of loan originations with some of the nation’s largest banks and commercial finance companies including, Beal Bank, CIT Business Credit and Bankers Trust (now Deutsche Bank).
“I’m so impressed with the dedication, collaboration, and high level of client focus of the entire BizCap team,” said Karen Gottwald, senior vice president, business development officer at BizCap. “Chuck and the team have built a model that delivers incredible value to businesses in need of capital, and I’m excited to accelerate the company’s growth,” she added.
Over her career, Karen has led efforts to expand into new markets and geographic footprints. She has worked with hundreds of publicly traded, privately held, private equity sponsored, and family-owned companies, assisting with financing for growth, acquisitions, recapitalizations and turnaround situations. Most recently, she led commercial lending efforts for Beal Bank, where she was a top producer.
Gottwald is a graduate of Indiana University where she earned her undergraduate degrees in Finance and Accounting.