Finova Capital announces the appointment of Bryan Brouillard to President of the organization. Bryan has been with Finova Capital since its founding three years ago and has been a key member of a leadership team that has grown the company’s success by providing embedded merchant financing programs and services through partners in the payment processing industry.
“It’s exciting to be at the helm as Finova Capital continues to build its client roster and introduces new services that help support the small businesses that our ISOs (Independent Sales Organizations) and payment processing partners serve,” says Brouillard. “Our mission in the payments ecosystem is to seamlessly onboard capabilities for merchant capitalization, underwriting and fraud monitoring. Our offerings also include unsecured products that include merchant cash advances, small business loans, and residual advances as well as secured products such as leasing (POS equipment) and trade finance.”
With Finova Capital’s proprietary technology, ISOs and payment processors add additional value and deepen relationships with their SMB merchant networks by providing them with seamless access to critical financial products and services—customized to them. Qualified SMBs can receive funding up to $500,000 for working capital, equipment purchases, payroll, inventory or other business expenses—in as soon as 24 hours. Finova Capital is also well-known for its equipment leasing programs.
As an industry leader in risk operations and partner relationship management, Bryan has spent more than 20 years focused on serving commercial and consumer independent sales organizations. Prior to joining Finova Capital as Chief Risk Officer in 2021, he held critical leadership roles at SafraPay US (Head of Risk – Merchant Services); Fiserv (Vice President – Credit Risk Management); Ascentium Capital (SVP – Operations); and First Data Corporation (Vice President – Risk Operations). Some of Bryan’s most notable achievements during this time include growing Ascentium Capital’s portfolio to $100MM in less than four years and booking the first-ever Clover Capital deal while he was at First Data Corporation.
“Finova Capital’s growing network of payment industry partners is a true win for SMBs,” says Bryan. “Processors are now able to support them with a trusted connection to funding and business services, so owners save time and effort searching for resources. We’ve teamed with companies that have been innovators and thought leaders delivering payment products to SMBs, and we can’t wait to see how our collaborative efforts change the dynamics of entrepreneurs as they compete and thrive.”