1ST MERCHANT FUNDING APPOINTS JUSTIN BAKES AS CHIEF EXECUTIVE OFFICER
1ST MERCHANT FUNDING APPOINTS JUSTIN BAKES AS CHIEF EXECUTIVE OFFICER
Miami, FL (April 18, 2011) – 1st Merchant Funding, LLC announced the appointment of Justin Bakes as Chief Executive Officer of the Miami-based company.
Bakes most recently served as Director of Mergers & Acquisitions of Watsco, Inc. (NYSE:WSO), a $3 billion annual revenue acquirer and operator of distribution businesses throughout the country. Prior to Watsco, Bakes was an investment banker with UBS in both New York and Europe where he advised a wide range of companies, including specialty finance businesses and private equity firms, on mergers, acquisitions and capital raisings.
"We are very excited to have Justin join the 1st Merchant Funding team,” said Levi Rosenblum, 1st Merchant Funding’s co-founder. "Under Justin's leadership, I am confident we will continue our momentum as an industry leader with best-in-class technology and innovative product offerings. Justin shares our vision of providing small and medium sized businesses with much needed working capital.”
About 1st Merchant Funding
Headquartered in Miami, Florida, 1st Merchant Funding is a leading provider of merchant cash advances to small and medium-sized businesses, having funded thousands of businesses with millions of dollars in working capital throughout the United States. Businesses typically use 1st Merchant Funding’s capital to fund expansion, purchase equipment and inventory, increase advertising, manage unexpected expenses and take advantage of seasonal opportunities. 1st Merchant Funding is also the creator and gatekeeper of, PowerForce™, the industry’s leading CRM platform. For more information about 1st Merchant Funding’s quick and easy working capital solutions, please call 1-866-710-2265 or visit www.1stmerchantfunding.com.
Source: 1st Merchant Funding, LLC