IOU Financial
Derek Stovall, MBA, CTP, currently serves as Senior Treasury Manager at IOU Financial since May 2022. Prior experience includes roles as Treasury Manager at Voya Financial, REEF Technology, and Mohawk Industries, where responsibilities encompassed daily cash management, forecasting, and maintaining banking relationships to enhance cash visibility and flexibility. Earlier in their career, Derek worked as Senior Treasury Analyst and Sales Audit Manager at Floor & Decor, focusing on cash position maintenance, debt instruments, and revenue recognition implementation. Derek began their career at First Data Corporation as a Senior Settlement Accountant, specializing in transaction reconciliations. Educationally, Derek holds an MBA from Colorado State University and a Bachelor of Science in Finance from Metropolitan State University of Denver.
IOU Financial
IOU Financial provides small businesses throughout the U.S. access to the capital they need to seize growth opportunities quickly. Typical customers include medical and dental practices, grocery and retail stores, salons, gas stations, auto repair shops, and restaurants. In a unique approach to lending, the IOU Financial advanced, automated application and approval system accurately assesses applicants' financial realities, with an emphasis on day-to-day cash flow trends. It offers loans and renewals up to $1.5 million to qualified U.S. applicants within a few business days, with affordable charges favorable to cash-flow management. Its speed and transparency make IOU Financial a trusted alternative to banks. IOU Financial operations is based in metro Atlanta, Georgia with headquarters in Montreal, Canada. For more information, visit http://IOUFinancial.com.