Five Point Capital Hiring Expansion Follows Small Business Lending Demand

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Steady growth in demand for small business credit drives third round of hiring since January 1

Five Point Capital working capital loans

Five Point Capital has established small business funding opportunities that keep businesses growing.

"We have been able to meet the needs of business owners who are frustrated by the lack of credit availability," said Tom Brainerd, VP of Marketing for Five Point Capital.

San Diego based Five Point Capital announced today that it has hired 9 more sales representatives to supplement its growing small business financing sales force. This is the third round of hiring that Five Point Capital has completed since the beginning of the year and brings its sales staff to over 30.

“We are seeing steady growth in demand for credit from small businesses,” said Dave Gilbert, owner and CEO of Five Point Capital. “Since coming back to run the company, I have committed to growing our customer base and expanding lending activities. This addition to our sales force is just another way to prepare for additional small business growth. Business owners have indicated to us that they are ready to expand and we are working to help them do so as this market is beginning to come alive,” Mr. Gilbert said.

Under new management in 2012, Five Point Capital was started in 1999. Originally just a leasing company, Five Point Capital has since expanded its product line to include merchant cash advances, small business loans and working capital loans. “I think that recent research shows that nearly 90% of small business lending requests were denied by banks in 2011,” adds Tom Brainerd, VP of Marketing for Five Point Capital. “We have been able to meet the needs of business owners who are frustrated by the lack of credit availability. They have almost given up on finding credit. Our programs offer an alternative source of financing for this type of small business,” Mr. Brainerd said.

As this recovering economy presents opportunities for growth, businesses that wish to expand may still encounter obstacles to obtaining small business loans. Five Point Capital is positioned to meet the needs of small businesses as they continue to look for ways to meet their growth challenges.

About Five Point Capital

Five Point Capital has been providing financing options to small businesses across the country for well over a decade. Five Point Capital's mission is to be the company that best anticipates, understands and enables the growth of small business owners throughout the United States. Whether the need is equipment leasing, merchant cash advance, small business loans or credit card processing, Five Point Capital has established small business funding opportunities that keep businesses growing.

For more information on small business funding and loan options available through Five Point Capital, please contact:

Tom Brainerd
tbrainerd(at)fivepointcapital(dot)com
858 433 2636
http://www.fivepointcapital.com
blog.fivepointcapital.com

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