Workflow
FAVO Capital Appoints Gary F. Baumann as Independent Director
Globenewswireยท2025-10-15 12:00

Core Insights - FAVO Capital Inc. has appointed Gary F. Baumann as an independent director to enhance its board and support its long-term growth strategy [1][3][4] Company Overview - FAVO Capital operates in two segments: financial services and real estate, providing alternative funding solutions to small and mid-sized businesses across the U.S. [5] - The company has supported over 10,000 businesses through the purchase of future receipts since its inception [5] - FAVO is also building a portfolio of stabilized, cash-flowing real assets to strengthen its balance sheet [5] Leadership and Governance - Gary F. Baumann brings over 25 years of experience in construction and commercial litigation, enhancing the board's independence and expertise [2][3] - His background includes advising on major infrastructure projects and a strong focus on compliance and risk management [2] - Baumann's appointment aligns with FAVO's commitment to strong governance and operational discipline [3][4]