Breakout Capital provides simple, straightforward working capital solutions for small businesses.
I’m excited to be part of Breakout Capital’s outstanding executive team with the opportunity to contribute to its critical objective of providing working capital for the engine of our economy, America’s small businesses, in an ethical, transparent manner.
McLean, VA (PRWEB) May 18, 2017
Breakout Capital announced today the appointment of Douglas J. Lanzo, formerly of Selzer Gurvitch Rabin Wertheimer & Polott, P.C. as its Executive Vice President and General Counsel. Mr. Lanzo will assume responsibility for overseeing all legal and regulatory affairs of the company and assisting fellow executive team members with the implementation of business strategies. Mr. Lanzo is a proven business attorney with 20 years of firm and senior in-house experience in transactional matters and expertise in finance, credit, acquisitions, construction and general corporate and commercial matters.
“We are excited to welcome Doug as an integral member of our executive team,” said Breakout Capital Founder & CEO Carl Fairbank. “Doug’s extensive experience as an accomplished business-minded lawyer will help ensure that Breakout Capital continues to not only influence industry-wide regulation and policies to benefit small business but also remains at the forefront of product innovation. Doug is an excellent fit for Breakout Capital and will help accelerate our growth trajectory.”
“I’m excited to be part of Breakout Capital’s outstanding executive team with the opportunity to contribute to its critical objective of providing working capital for the engine of our economy, America’s small businesses, in an ethical, transparent manner promoting industry-wide adoption of best practices,” said Mr. Lanzo. “Breakout Capital’s core values of integrity, commitment to its customers and best practices in the industry, evidenced by its leadership role as an advocate to small businesses across the country, is something I am honored to be a part of. I very much look forward to doing my part to promote these values as a leader at Breakout Capital and in the financing community.”
Prior to joining Breakout Capital, Mr. Lanzo was a Partner at Selzer Gurvitch Rabin Wertheimer & Polott and previously served as Assistant General Counsel at Enviva and as Senior Counsel for PPL and for many years as a Counsel at Vinson & Elkins specializing in Finance. In these capacities, Mr. Lanzo led numerous financing, corporate and commercial matters, had primary responsibility for legal credit matters over all business lines, and negotiated billions of dollars worth of finance, construction and M&A deals that earned numerous industry accolades. Mr. Lanzo received a JD in Law, graduating cum laude from Harvard Law School and a B.A. in Government from Harvard College, graduating magna cum laude.
About Breakout Capital
Breakout Capital, headquartered in McLean, VA., is a technology-enabled direct lender which has provided tens of millions of dollars in a wide range of working capital solutions to small businesses across the country. In addition to becoming one of the fastest growing companies in the market, Breakout Capital is a leading advocate for small business and is a Board Member of the Innovative Lending Platform Association. Breakout Capital has produced a highly regarded “educational series” through its blog, Breakout Bites, that helps small businesses better understand the alternative lending market and how to avoid the hidden fees and debt traps that are too prevalent with many of its competitors in the market. With a laser focus on honesty, integrity, transparency, and flexibility, Breakout Capital is changing the financial landscape for the millions of small businesses in need of funding. For more information, visit http://www.breakoutfinance.com.