Erik Ostebo, Chief Credit Officer at Business Capital, has over 20 years of professional experience in providing asset-based working capital and structured term debt financial solutions for both middle market companies and venture capital start-ups. He has worked on over $2 billion of business loans.
Erik has a strong background in senior management, including positions as District Manager, Managing Director, Vice President-Business Development and National Credit Manager for major finance companies that include GE Capital, Transamerica Technology Finance, Gateway Business Bank and CIT. He has a successful history of building a profitable portfolio of business loans for middle market companies requiring a tailored blend of loans to fund a turnaround plan; finance rapidly growing sales; and/or obtain equipment-based term debt or equipment leases. Additionally, he has provided similar venture debt financial solutions for venture capital funded IT and Biotechnology start-ups.
Erik was raised in Chicago and graduated from Illinois State University with a BS in Finance, from Northwestern University with a BS in Accounting, and from Taft College of Law with a JD in Law.