566: Bill Bromley: Merchant Cash Advance Cashflow - a podcast by M.C. Laubscher
from 2020-01-24T08:30
My guest in this episode is Bill Bromley. Bill has worked in the financial services industry for 30 years. His experience ranges from holding middle management in Regional Banks to starting a successful de novo bank from scratch. First Sterling Bank started as a de novo bank in 1988 and is now part of Bank of America. Bill also led an investor group that bought and recapitalized a troubled Eagle National Bank with a $10 million initial capital raise. It took 18 months to bring the bank back to satisfactory condition and built its asset base from $60 million to $300 million while increasing the capital base to $25 million. Bill has also held board of director positions with the Pennsylvania Bankers Association and the Pennsylvania Community Bankers Association.
He is now the CEO of Capital Source 2000.
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