Business Capital (www.bizcap.com) announced today that the Turnaround Management Association (TMA) has elected Chuck Doyle to the Board of the Northern California Chapter.

Mr. Doyle is the Managing Director of Business Capital, a leading commercial financial and turnaround firm, based in San Francisco and Connecticut. With over 20 years in the business and finance industry, Chuck is well equipped to join a board comprised of professionals directly and indirectly involved in turning around businesses in various stages of distress and/or underperformance.

“It is a privilege and honor to serve on the board of an organization whose membership is uniquely positioned to assist distressed companies at this unprecedented time in the world economy,” said Doyle. “We can really make a difference.” Pamela Hayley, current board president for the Northern California chapter of TMA, was instrumental in making this recommendation to the board. “I have personally worked with Chuck and his company, Business Capital, and can attest to his commitment to helping his clients and raising the bar for the turnaround industry as a whole. We look forward to the added value Chuck will bring the TMA board and anticipate further effective collaboration within our organization,” she said.

Board appointments are selective and made to ensure balance across TMA’s prospective constituents. Members are global professionals and include a combination of a lawyer, accountants, a turnaround consultant or private equity investor, an academic, a workout banker and a non-bank financier. TMA is an international organization with more than 8,300 members in 43 chapters, including 31 in North America.

Business Capital offers a vast spectrum of services, including debt restructuring, asset based lending, asset securitization, capital raising, business turnaround and liquidation. Combining a unique blend of traditional and progressive financing methods, the firm provides clients with individualized programs to deliver successful results.

SOURCE: Business Capital CONTACT: Business Capital Jen McCarthy, 415-989-0970 or 203-292-5474 jmccarthy@bizcapold.dev.olivestudio.net Copyright Business Wire 2009 -0- KEYWORD: United States

North America

California INDUSTRY KEYWORD: Professional Services

Finance SUBJECT CODE: Personnel