Finance company Context Business Lending (CBL) has hired Josh Beauvais as Co-Chief Credit Officer. Mr. Beauvais will serve alongside newly promoted fellow Co-Chief Stephen Butler. The pair will have joint responsibility for leading the company’s loan review process and continuing relationships with borrowers.
"We believe that having two experienced, creative minds at the helm of credit optimizes our ability to create flexible working-capital solutions and lower our risk," said CBL chief executive officer Meredith L. Carter. "Even beyond our Co-Chiefs, every member of our credit team is empowered to independently analyze risk and challenge long-held ABL practices. We believe that through a collaborative decision-making framework, we can better maximize creativity and manage risk."
Mr. Beauvais has more than 15 years of expertise working in the financial service industry, with particular experience across asset lending roles. He most recently served as Special Assistant to the Chief Credit Officer as Crestmark Bank.