TCI Business Capital is pleased to announce the hiring of Scott Franzen as Senior Vice President, Business Development. Mr. Franzen brings over 27 years of Sales and Business Development experience in the Factoring industry to his role. He is responsible for selling invoice factoring services to trucking fleets throughout the Midwest.
“I’m thrilled to have Scott join TCI,” said Mark Zitzewitz, Sr. Vice President & General Counsel at TCI Business Capital. “He has tremendous knowledge of the factoring industry. Scott’s experience and understanding of the financial needs of fleet owners, combined with TCI’s long history of providing factoring services to trucking fleets, make him an ideal addition to the company”.
Before joining TCI Business Capital, Mr. Franzen was part of the group that founded Marquette Transportation Finance in 2002. At Marquette, he served as Senior Vice-President of Sales, continuing after UMB Capital Finance acquired Marquette. Prior to Marquette, Franzen held key factoring sales roles at Transport Clearings, Citigroup, and General Electric.
TCI Business Capital, a division of Fidelity Bank, is a financial services company founded in 1994, The company is headquartered in Edina, Minnesota and operates nationwide. TCI Business Capital provides a full range of business financial services, including invoice factoring, accounts receivable management, credit analysis, risk assessment, treasury services, and more. The company is proud to be recognized for its reliability, flexibility, responsiveness, innovative products, customer service, and exemplary corporate citizenship.