FOR IMMEDIATE RELEASE:
Florida Financial Service Leaders, Coastal Kapital, Expands and Adds Two New Employees
City, State — April 19, 2021 — Coastal Kapital, a financial service leader in commercial equipment financing and asset-based lending, is expanding in 2021 and is excited to announce that two new employees are joining them. Heather Panzitta has been appointed Administration, Funding, and Credit Coordinator, and Erin NesSmith is Coastal Kapital’s new Account Executive.
Further, Coastal Kapital says it has big plans for 2021. Arrangements are in place to enable them to welcome more employees, and they intend to expand operations so they can provide financial lending to even more companies.
Coastal Kapital specializes in providing financial solutions for businesses operating in a wide range of industries in the US, including construction, heavy equipment, short and long-haul trucking, tilted vehicles, landscaping, beauty salons, and health spas, medical equipment, office equipment, you name it we can do it there is not an equipment description out there that Coastal Kapital will not entertain.
Financing solutions include equipment financing loans, leases FMV, $1 out, 10% PUT, Master Leases and TRAC Leases, which empower companies to purchase the equipment or technology they need long or short term; Coastal Kapital will also provide working capital loans, which are unsecured debts; and Small Business Administration (SBA) loans, which typically offer lenders lower rates since they are linked to the US Treasury, and factoring.
With personal experience of running a business, Panzitta brings a host of skills and knowledge to her role as Administration, Funding, and Credit Coordinator at Coastal Kapital. Panzitta operated her own company called Destination Athlete, which specializes in all aspects of youth athletics.
Panzitta is also an accomplished administrator, having worked as a Data Analyst for the Martin County School District in South Florida. As well as actively liaising with the district office on behalf of the school, Panzitta managed the school’s student database, funding, and reporting to the State of Florida.
Erin R. NesSmith
Erin R. NesSmith is Coastal Kapital’s new Account Executive. Like Panzitta, NesSmith is an extremely capable member of the finance team. NesSmith comes from an extensive background in restaurant management and the medical field, with experience in pediatric, emergency, and psychiatric care services. In addition, NesSmith has worked in the marketing and brokering of high-end luxury goods, such as boats and recreational vehicles.
About Coastal Kapital
Established in 2007, Coastal Kapital now offers more than 150 different programs that cover leasing, financing, bank loans, business working capital, merchant services, and business consulting. The team aims to understand their client’s business model and expansion plans; hence their motto “Financing You Can Trust.”
What further sets Coastal Kapital apart is that they welcome business owners who are just starting up with 0-2 years in business to high portfolio lending up to 35 million for qualified clients. Coastal Kapital will also work with clients who have previously had their credit application challenged; there are no hidden fees; they provide fast decisions; and, when a loan is agreed, cash is deposited in as few as 24 hours.
Coastal Kapital is a company that acts differently by partnering with its clients and vendors as an advocate. They want to provide long-term growth and solutions for their clients over the long term. Partnerships are what they strive for in a client.