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Steve Monroe

Steve is the President and Managing Partner of Liquid Capital Alternative Funding (LCAF). Steve has been in the short term liquidity space for 25+ years and has held a variety of senior management positions with JPMorgan (National Sales Manager for Short Duration Products), Barclays (Global Head of Cash Products), and the Royal Bank of Scotland (Deputy Global Head of Short Term Sales Products).

Throughout his career Steve has been extremely successful in building national and global level, risk and coverage teams that serve as solutions providers to their customers. Steve created LCAF to fill the lending void left by the big banks and has created a culture at LCAF which is focused on partnering with clients in creating customized solutions that address clients’ specific financing needs. Steve graduated from Williams College with a Bachelor of Arts, Economics.

James D. Staton, Jr.

JD is a Strategic Advisor to the LCAF management team and is also responsible for the development of one of LCAF’s sub-specialties: government contracting.  JD has over 30 years of experience with specific expertise in the oversight of multi-million dollar level budgets in purchasing and vendor relationship management from his recent position with the eighth-largest metropolitan area in the country (Washington, DC) to large state government (State of North Carolina) and international private sector companies.

In 2011, JD was appointed by the Mayor of the District of Columbia,  and confirmed by the DC Council, to be the Chief Procurement Officer for the District.  JD was responsible for administering the District of Columbia’s Procurement Program for over 70 agencies under the authority of the Chief Procurement Officer in accordance with statutory rules and regulations. The division processed contracts for goods and services in excess of $1 billion dollars for the District.

Prior to his role in Washington DC government, JD was the State Purchasing Officer for the state of North Carolina Department of Administration Purchase and Contract. As such, JD was appointed by the Governor of North Carolina in 2007 to serve as the Chief Procurement Officer for the State.  He was responsible for managing the acquisition of equipment/materials, and supplies for over 30 State Cabinet agencies, 16 State Universities, 58 Community Colleges, 15 Hospitals and institutions. The division provided goods and services of over 4 billion dollars.

Our Story 

Liquid Capital Alternative Funding (“LCAF”) is a branch in the Liquid Capital Corp network, which is headquartered in Toronto and Dallas and has more than 80 independently-owned branches in the U.S., Canada, Mexico and Hong Kong. Liquid Capital has been providing working capital to small and medium-sized businesses (SMEs) for more than 17 years.

LCAF is painfully aware that the opportunities for SMEs to grow their businesses are often missed due to a lack of funding. As we know – and with all due respect to our many friends and former colleagues in banking – the traditional lenders are increasingly less focused on SMEs. That phenomenon has resulted in a dramatic and significant reduction in the amount of capital that is lent to SMEs by the banking industry.

LCAF was established to fill the void left by the banks. We partner with our clients in creating customized solutions that address their specific financing needs. Our products and solutions include asset-based lending, accounts receivable factoring, purchase order financing, export financing, equipment leasing and letters of credit/trade financing. We help business owners focus on growing their business rather than worrying about where to find growth capital.

LCAF’s funding platform is designed to handle the needs of small, medium, and emerging middle-market businesses, while still delivering the resources and service capabilities of a much larger financial services company. This flexibility allows us to provide unmatched client service that is uniquely reliable and scalable. Owners can grow their business with confidence, knowing that we will be able to fund and service their companies at every stage of growth.