(March 29, 2021) – Doug Bagnasco recently joined One Source Business Capital (One Source) as a chief credit officer. In this role, he assists businesses in gaining funds for commercial real estate and operations. One Source provides options to companies that may not meet the lending criteria from traditional banking institutions. Bagnasco also co-manages a bed and breakfast called the Devonfield Inn, which gives him an inside perspective on small businesses and their particular needs.
“Every small business owner has unique strengths as well as challenges,” said Bagnasco. “As a small business owner myself, I recognize that ‘one size does NOT fit all.’ My goal is to provide creative financing solutions specific to the needs of each business to ensure their continued growth and success.”
Bagnasco received a bachelor’s degree in hospitality management and has extensive experience in owning and managing hotels across the United States. He has since spent the last 23 years as a small business lender working for companies such as GE Capital, CIT, Wells Fargo, and KeyBank. In 2018, he purchased the Devonfield Inn, a bed & breakfast in the Berkshire Mountains of Massachusetts, which he co-manages.
The SBA consistently ranks One Source Business Capital as a top producer for non-bank lenders around the country for business capital. One Source Business Capital has office locations in Florida, Texas, Massachusetts, and Connecticut; and can assist in lending to businesses nationwide. With more than 26 years of experience in bringing borrowers and direct capital together, One Source Business Capital has funded over $460 million for small businesses. Affiliations with the nation’s largest non-bank lenders allow One Source Business Capital to provide loans to businesses that banks may have denied in the past.