CapFlow is Pleased to Announce the Appointment of Thomas Ingrassia, Chief Risk Officer to Optimize Factor LOC Product and Other Innovative Product Offerings

CapFlow Funding Group (“CapFlow”) is pleased to announce the appointment of Thomas J. Ingrassia as Chief Risk Officer. Thomas brings over seventeen years of experience in financial services, specializing in factoring, purchase order financing, and consulting for small businesses. Previously, Thomas led a team of fifteen employees and played a key role in managing investor relationships, ensuring compliance with state and federal regulations, and optimizing IT platforms for the business. Mr. Ingrassia will serve as a critical catalyst to assist in developing CapFlow’s FactorLOC product to serve more in-need SMBs as well as optimize current invoice factoring processes. 

“We are thrilled to welcome Thomas Ingrassia to CapFlow,” said CEO Andrew Coon. “His extensive experience in managing risk and due diligence will help us continue to strengthen our underwriting processes and enhance our ability to serve small- and medium-sized businesses with tailored financial solutions.”

CapFlow provides an array of products and services to SMBs, including invoice factoring, second-position factoring, and factoring lines of credit. CapFlow was founded in 2009 by Andrew Coon and William Gallagher as a response to a lack of working capital available to SMBs following the 2007-2008 credit crisis.

We are thrilled to welcome Mr. Ingrassia to our team and look forward to the continued growth of CapFlow Funding Group. At CapFlow, we are committed to delivering exactly what our name stands for: the working capital you need to keep your cash flowing.