Younts Promoted at Capital Business Credit

New York, NY, March 2, 2007–Capital Business Credit LLC has named Jerry Younts executive vice president and regional manager of their North Carolina office. Younts, whose focus will be on providing financing solutions to clients in the region, was previously senior vice president.

Younts brings over three decades of experience in the finance industry to the position, including his 12 years at Capital Business Credit. He is a past president of the Carolinas Chapter of the Commercial Finance Association and a member of the National Funding Association.

“Jerry’s considerable experience will enhance our ability to reach out to growing companies in the southeast and midwest that are in need of a financial partner,” said Capital Business Credit President Andrew Tananbaum.  “His knowledge and relationships in this market make him a natural choice for the position.”

Capital Business Credit LLC is an innovative and leading provider of factoring, credit protection, accounts receivable collection services, supply chain finance and other specialized lending services.  The firm is owned by Perry Capital, which was founded in 1988 and is a leading investment management firm with approximately $12 billion under management with offices in New York, London and Hong Kong.