National Business Capital expands to West Coast, appoints veteran investment banker Eric D. Coonrod to lead Institutional Partnerships. New California office marks a major milestone in National Business Capital's continued expansion and investment in growth. Long Island, New York, Oct. 21, 2026 (GLOBE NEWSWIRE) - National Business Capital (NBC), a leading provider of growth capital and financing solutions to businesses nationwide, today announced the appointment of veteran investment banker Eric D. Coonrod as Managing Director of Institutional Partnerships. Coonrod will lead the launch of NBC's first West Coast office in California, marking a significant milestone in the company's continued national expansion. Coonrod brings decades of investment banking and capital markets experience to NBC. He began his career on Wall Street at Deutsche Bank and has held senior roles at leading investment banks, including Cascadia Capital. Most recently, he sold his investment banking firm to Iconic Business Services, a portfolio company of Expa, the venture firm founded by Uber co-founder Garrett Camp. In his new role, Coonrod will build NBC's West Coast presence, expand its institutional and strategic partnership network, and help develop new channels for bringing sophisticated capital solutions to businesses across the country. "Opening our first West Coast office is much more than geographic expansion - it represents the next stage of National's growth," said Joe Camberato, Founder and CEO of National Business Capital. "Eric brings the experience, relationships and entrepreneurial mindset we were looking for. Just as importantly, he fits our culture. He's a straight shooter, works incredibly hard and shares our passion for helping business owners access the capital they need to grow." Founded in 2007, National Business Capital has completed more than $3 billion in financing, helping businesses navigate growth, acquisitions, and other complex working capital needs. "There is a tremendous opportunity to build upon what National has created over the last two decades," said Coonrod. "Businesses need sophisticated capital solutions and partners who understand how to move quickly and structure around complex situations. I'm excited to establish National's presence on the West Coast and work alongside Joe and the broader team to expand what we can deliver to companies nationwide." Originally from St. Louis, Coonrod attended Washington University in St. Louis and has advised companies across healthcare services, technology, consumer products and beverage sectors. He recently completed Wharton's Global C-Suite Program and remains active as a startup mentor and advisor. About National Business Capital National Business Capital is a leading financial services company providing growth and bridge capital solutions to businesses nationwide. Since 2007, National has completed more than $3 billion in financing, combining deep expertise in non bank lending, award winning team and proprietary technology to help business owners access capital quickly for growth. For more information, please visit National Business Capital: NationalBusinessCapital.com Contact Info

What is a business term loan? Grow your business faster [video]. Most business owners think a term loan is a term loan. It's not - and misunderstanding the difference costs them time, money, or a rejection they didn't need to hear. In this short video breakdown, I walk through what a business term loan actually is, when it makes sense to use one, and how it's different from a line of credit or short-term working capital. What you'll learn: * What a business term loan is and how repayment actually works * When a term loan is the right fit for your growth plans - and when it isn't * How a term loan differs from a line of credit or short-term working capital * What to have ready before you apply, so you're not caught off guard If you've been turned down before and weren't sure why, or you're simply trying to figure out which financing tool actually fits where your business is headed, this breakdown is for you. A quick note on how Devil Dog Marketplace work At Devil Dog Marketplace, in partnership with National Business Capital, funding solutions exist even outside the traditional bank box - including for businesses with less-than-perfect credit. Every conversation starts with understanding your business first, not pushing a product. If this was helpful, I'd appreciate a subscribe on the YouTube channel - more no-fluff funding breakdowns are on the way. Have a question about term loans or your own financing situation? Drop it in the comments, or reach out directly at 561-316-6218.