Jay Bianco Joins Capital Business Credit
February 11, 2014
NEW YORK – Today, Capital Business Credit LLC (CBC) (www.capitalbusinesscredit.com), a globally integrated financial products and services company, announced that Jay Bianco will join the CBC team to grow its factoring and trade finance business on the West Coast.
Bianco brings to CBC more than 25 years of experience working with U.S. and International manufacturers, importers and distributors in a wide array of industries. He will serve as Vice President and New Business Officer, and will be based in Los Angeles. Bianco will report to Tri Sciarra, Executive Vice President and Regional Manager of CBC’s Los Angeles office.
“I am very pleased to have Jay join our Los Angeles office. Having worked with Jay before, I know his talent will blend well with our professional staff. He brings a wealth of experience and expertise to CBC and will help us expand our opportunities in a variety of industries serviced by our West Coast team” said Sciarra.
“Capital Business Credit has a long history of providing small and middle market companies with financial products to support growth,” said Bianco. “I am looking forward to being part of CBC’s team as it takes a hands-on, entrepreneurial approach to lending cutting out much of the red tape, which enables the company to both customize solutions and make quick lending decisions.”
Prior to joining CBC, Jay was a Senior Account Executive and New Business Officer with Merchant Factors for over 8 years, working with U.S. and International manufacturers, importers and distributors in a wide array of industries. His initial New Business position in 1997 was with Congress Talcott Corp and after which his industry expertise was further developed in V.P positions with Bank of America and GMAC Commercial Finance. Prior to his Account Executive and New Business positions, Jay worked his way up to both a senior retail and whole credit analyst via Associate Factors, Heller Financial and Republic Factors. Jay takes great pride that his background and experience allows him to quickly identify and understand a client or prospects needs in order to better support and strengthen their growth and financial wellbeing.
Jay attended Santa Monica College and is active in various industry organizations including, The Professional Club (TPC) and the Commercial Finance Association (California Chapter).
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About Capital Business Credit
Established in 1988, Capital Business Credit LLC (www.capitalbusinesscredit.com) is a commercial finance company specializing in providing creative supply chain financing solutions. The Company’s service offerings include: full-service factoring; immediate cash for receivables; single debtor credit coverage; letters of credit; accounts receivable management services; inventory lending; asset-based lending; and international financing. CBC Trade Finance, a division of CBC, provides trade finance solutions for U.S.-based importers working with Asia-based suppliers (exporters). Capital Business Credit is based in New York, with offices in Hong Kong; Shanghai, Los Angeles, CA; Charlotte, NC; and Ft. Lauderdale, Fla.