The executive management team of Jeff Bielski, Rick Scheich, Tom Bielski, and Jim DelVerne has extensive experience and knowledge in the financial services industry. Their over 65 years of combined experience encompassing commercial financing, factoring, leasing, secured transactions, commercial loan workouts and financial consulting.
With their extensive background and experience in corporate finance, the team identified that smaller companies had limited access to conventional financing. They discovered many qualified capable providers of goods and services that cannot meet loan criteria established by conventional sources. These smaller companies are prevented from doing business with governmental agencies or major corporations due to loan limitations. The companies could perform competitively if they had direct financial support, or were able to use account receivables factoring in addition to banks. Hence, Northwest Capital’s mission would be to provide alternative financing to smaller companies enhanced by the credit worthiness of the account being factored.
Jeff Bielski | jbielski@northwestcap.com
Jeff is the Company’s Chief Financial Officer. He has responsibility for the Company’s financial activities including Treasury Management, Risk Management, and Strategic Operations, and is also a member of the company’s Credit Committee. He holds a Business degree in Finance from Bowling Green State University and has furthered his education by taking additional courses and seminars in Asset Based Lending.
Throughout his 20 plus years as an owner and manager in the factoring industry, Jeff and his team have factored over 300 Million Dollars of invoices. Along the way he has aided in the start up of many new ventures, helped turn around troubled companies struggling with financial issues, and works with clients in focusing on increasing their cash flow.
Richard A. Scheich | rscheich@northwestcap.com
Rick is the Company’s Chief Operating Officer. He has responsibility for all of the Company’s administrative activities including supervising the documentation of all financial transactions. He received his undergraduate degree from the University of Michigan and has both a Masters degree in Business Administration and a Law degree from the University of Toledo.
Before joining Northwest Capital in 2008, Rick was in the private practice of law for over twenty-three years specializing in Commercial Transactions, Secured Transactions, Trade Finance, Commercial Lending and Leasing, Business Law, and Commercial Litigation. He is also a past instructor of Business Law at the University of Toledo and Lourdes College and a frequent lecturer on Secured Transactions, Business Law and Real Estate Law for the National Business Law Institute and Ohio State Bar Association.
Tom Bielski | tbielski@northwestcap.com
Tom is the Company’s Managing Director. His main duties include corporate growth, client retention, portfolio management and asset allocation, and also is a member of the company’s Credit Committee. Additionally, he oversees Debtor-in-Possession financing provided for by Northwest Capital. He holds a Business degree in Finance from the University of Toledo.
For over 30 years Tom has been involved in the factoring industry either as owner or manager. His wide range of business knowledge also comes from many years of owning businesses in both manufacturing and distribution. Realizing that cash flow is the lifeblood of small business, Tom continues to assist Northwest Capital clients with cash flow issues, while helping them maximize asset values.
Jim DelVerne | jdelverne@northwestcap.com
Jim joined the Northwest Capital team in 2010 as a principle and Director of Development. He manages our relationships with private lenders. Among his other duties, Jim oversees our purchase order funding group and assists with originating and structuring asset based transactions. He is a member of the company’s Credit Committee, and holds a General Business degree from Michigan State University.
For more than 15 years Jim has been involved in several start-up technology ventures. As founder and CEO of Gateway Defender he pioneered the development and growth of an email security company that grew to several millions in sales. Jim successfully sold the company in 2006 to MX Logic, Inc. returning a substantial return to the investors. His skills in financing and growing businesses helps Northwest Capital evaluate potential business and their risks associated with the opportunities.