Plus Funding is a Commercial Finance company that offers a wide range of capital solutions to businesses like yours. We specialize in invoice funding / accounts receivables factoring. Independently run by experienced financial professionals, we provide individualized solutions to help you maximize your business’ full potential. Specializing in small to medium sized firms, we invite you to leverage our combined experience to see how we can enhance your working capital and increase cashflow. Our team combines years of financial, operational and legal experience, all designed to help customize solutions for your specific situation.
Plus Funding Group – Key Personnel
Gary Katz is chairman and a co-owner of Plus Funding Group (“PFG”), and brings extensive experience in private and public finance to the role. He has invested in and counseled a wide range of businesses over the past 33 years. He is the Managing Partner of Downtown Capital Partners, Inc. which invests in and originates loans to middle market companies and real estate developers facing “special situations.” Downtown Capital is an arm of Gary’s family office, which he operates on behalf of himself and his sisters Meredith Katz Gantcher and Wendy Katz Waxman. Through his family office, Gary actively manages a diversified portfolio of stock, bond, private equity, and hedge fund investments, and owns and operates Plus Funding Group, a factoring company that provides small, growth oriented companies with financing solutions in the $250,000 to $5 million range. After leading and closing debt and equity investments with their own capital, the Katz’s frequently syndicate participation interests to a select network of family offices and institutional investors.
Prior to launching Downtown Capital Partners, Gary was a partner in and served as the Chief Legal Officer of Delaware Street Capital, where he led the rescue financing and turn-arounds of numerous middle-market companies. Before moving exclusively to the investing side of the turn-around world, Gary was an attorney in the Corporate Restructuring Group at Skadden, Arps, where he represented debtors both in and out of court in complex restructuring transactions.
As a capital sponsor of and “white knight” investor in middle-market companies, Gary was twice recognized by industry groups for “Deal of the Year”–by the Turnaround Management Association for a $65-million loan to Alpine Confections (owner of the Fannie May and Laura Secord brands) and by the M&A Advisor for a $75-million financing of Archibald Candy. Gary is also credited with the rescue of the Mississippi Chemical Corporation, to which he provided an 11th-hour $180-million DIP facility to avert a forced liquidation. As a result of the financing, the unsecured creditors ultimately obtained a full par recovery on claims that had been trading at 7 cents on the dollar.
Gary graduated cum laude from the Harvard Law School, after which he served as a law clerk to the Honorable Richard G. Stearns, a U.S. Federal District Court Judge in Boston, Massachusetts. Thereafter Gary was a criminal prosecutor in Massachusetts where he was lead counsel in more than 30 jury trials. From 1998-1999, Gary served as a law clerk to the Chief Justice of the Supreme Court of Israel. He received a BA magna cum laude, Phi Beta Kappa from Dartmouth College.
Rowena is the Financial Controller at PFG responsible for financial reporting and client operations for over 10 years. She has over 20 years of experience in various aspects of accounting and taxation at firms like Deloitte and Ingersoll Rand. She earned her B.S. in Accounting from Rutgers University.