CrowdOut Capital Launches Dallas Office with Key Hire
Summary
AUSTIN, Texas--( BUSINESS WIRE )-- CrowdOut Capital LLC , a pioneering non-bank, private lender for middle market companies, today announced the opening of its Dallas office and the hiring of Stu Bell to lead the market. “From an investor and a borrower perspective, Dallas makes the most sense for our second office, and there is no one more qualified than Stu Bell to lead it,” said Alexander Schoenbaum, CEO of CrowdOut Capital. CrowdOut experienced an 8X growth in loan originations in 2018, while expanding its investor network by 150 percent. Bell spent the bulk of his career in multiple senior roles at Comerica Bank. Its tech-enabled marketplace provides a solution for companies seeking non-bank lending while offering family offices, institutional and accredited investors the opportunity to invest in private debt on a deal-by-deal basis.