Commercial lending expert Patrick McMullan has launched ALCS Capital to provide business owners with alternative sources for the capital they need to grow or run their businesses.  

ALCS leverages McMullan's 25 years of industry experience and keen understanding of the financial lending market to provide alternatives to traditional bank financing, through financing solutions that include private equity; consumer-based financing for businesses; creative leasing options and other long term value services.

"The commercial finance world changed in 2008 and smaller to mid-sized business are struggling to gain access to capital from traditional lending sources," McMullan said. "ALCS Capital works with dozens of programs and can offer products that make sense for the 90 percent of businesses that banks can't or won't serve.  We offer a highly-personalized approach; one that brings the 'human touch' back to finance."

Before founding ALCS Capital, McMullan spent nearly 25 years in a variety of financial and lending roles, gaining an unparalleled understanding into today's lending processes.  Most recently, Mr. McMullan spent more than 16 years as a commercial loan officer at CIT specializing in structuring transactions in the communications, media and technology industries. Prior to CIT, McMullan served as Vice President at AT&T Capital Corporation where he was responsible for financial analysis and underwriting in the Project Finance and Communications and Media groups.

ALCS Capital specializes in commercial finance with a focus on small-to medium-sized businesses. It will work as an advisor to businesses to find the appropriate types and structure to suit specific needs and circumstances. Products and services available through ALCS Capital include: equipment leasing, sale leasebacks, heavy equipment leasing or financing, accounts receivable financing, factoring, bridge and hard money loans, SBA financing, business acquisition financing, hotel financing, stock loans, portfolio liquidations, private equity and joint ventures. It can provide access to loans and other financing from $10,000 to $10 million and more.