Capital for Merchants Hires New President

  Capital for Merchants Hires New President

      Jeff Bankowski is tapped to lead the merchant cash advance company

Business Wire

TROY, Mich. -- August 27, 2013

Capital for Merchants, an industry leader in the merchant cash advance
business and a partner of payment processing leader North American Bancard,
announced today the company has hired Jeff Bankowski as its new President.

A highly qualified and accomplished executive, Jeff previously served as Vice
President for Asset Acceptance Capital Corp., a large publicly traded
specialty finance company focused on corporate strategy, sales, analytics,
marketing and shared service operations. Prior to his five-year tenure at
Asset Acceptance, Jeff was the Chief Accounting Officer for Teksid Aluminum, a
global technology leader in the automotive space. He has also worked for
British Petroleum; U.S. audit, tax and advisory services firm KPMG; and
futures exchange leader CME Group.

“Jeff brings a proven track record to Capital for Merchants,” said Marc
Gardner, President and CEO of North American Bancard. “His extensive
experience both in the financial industry and product optimization sector
brings an invaluable skill set to our executive team.”

Jeff’s expertise in driving margin growth by optimizing both products and
services stands is a tremendous value for Capital for Merchants as the company
continues to lead the way within the merchant cash advance industry.

A registered CPA, Jeff is also certified in internal auditing and risk
management assurance. He has been a Board Member of the Detroit Institute of
Internal Auditors since 2009 and served as its President in 2012. Jeff has
also participated as a Board Director of the Ann Arbor Division of the March
of Dimes since 2010.

Jeff graduated from the University of Michigan Business School in 1993 with a
BBA in Corporate Strategy and Finance. He also holds an MBA in Change
Management Consulting from DePaul University.

About Capital for Merchants

A pioneer in the merchant cash advance industry since 2005, Capital for
Merchants provides a hassle-free alternative to the stringent requirements of
traditional bank loans. CFM approves 95% of merchants for cash advances of up
to $500,000 in as little as 24 hours – all with 72-hour funding, low factor
rates, flexible repayment terms, no collateral needed and no startup fees.
Capital for Merchants is powered by North American Bancard, the credit card
processing leader who funds $13 billion in transactions for over 250,000
businesses every year. To find out more, visit


Mobility Public Relations
Melissa Burns, +1-208-946-4849
Twitter: @Bancard
Press Kit:
Press spacebar to pause and continue. Press esc to stop.