First Capital announced the hiring of Ramsey Naber, Senior Vice President, in the Factoring Western Region.  Naber will perform the role of Portfolio and Business Development Manager throughout the Western Region and will be based out of the Los Angeles office.

Naber has over 15 years experience in team management, underwriting and portfolio management. Most recently, he held the position of Senior Vice President/Loan Portfolio Manager at Celtic Capital Corporation. Other previous positions include Loan Portfolio Manager at GemCap Lending, Relationship Manager at Silicon Valley Bank, Portfolio Analyst at Platinum Equity, and Regional Project Manager and Financial Analyst at Wells Fargo Capital Finance.

“We are happy to have Ramsey join our team in the Western Region,” stated Ron Garber, EVP and Factoring Western Region Manager. “His experience in new business development, underwriting and portfolio management will help us grow our portfolio and enhance client service.”

Naber stated, “Joining the Factoring Western Region is a great opportunity to apply my well-rounded experience that I have gained through my career in the financing industry.  By working for a non-bank lender of working capital, I will be able to work with clients to develop the tailored financing facilities that will help companies achieve their growth plans.”

Naber has a BA in Economics from the University of California Los Angeles and is a member of the Commercial Finance Association, Turnaround Management Association and an active member of the UCLA Alumni Association.

First Capital provides customized and timely working capital financing solutions primarily to small and middle-market companies engaged mainly in manufacturing, distributing and business services with annual sales greater than $1 million.  Lines of credit are in the form of asset-based loans, factoring or invoice purchasing arrangements ranging from $200,000 to $25 million.  First Capital is one of the largest independent asset-based working capital lenders in the country. 

Headquartered in New York City, the firm has additional offices in Atlanta, Los Angeles, Chicago, Dallas, Boynton Beach, and Oklahoma City with regional sales offices located across the United States.