Fox Ridge Capital, a hybrid business equipment financing company, appointed Stan Dumont as senior vice president of credit. Dumont will establish and lead the company’s credit function, defining credit policy and governance while scaling underwriting and risk capabilities to support Fox Ridge Capital’s growing portfolio.
Dumont joins Fox Ridge Capital with nearly 20 years of expertise in funding, credit and risk management for the commercial lending and equipment financing industry. He began his equipment financing career at direct capital as a funding manager and credit manager, then spent more than a decade at Ascentium Capital in leadership roles where he helped build and scale underwriting and credit operations.
At Fox Ridge Capital, Dumont will oversee credit policy development, portfolio analytics, credit governance and cross-functional collaboration with origination, product, and operations teams to enable disciplined growth. Key priorities under Dumont’s leadership include:
- Enhancing underwriting speed through data-driven decisioning and technology
- Strengthening portfolio risk controls, monitoring and stress testing
- Expanding product and credit support for the small and mid-market client base
“It’s extremely exciting to join Fox Ridge Capital at inception to build the credit function from the ground up and work alongside a group of deeply experienced professionals; there’s real energy in building something new,” Dumont said. “Driving our credit discipline while enabling smarter financing solutions that help drive growth for Fox Ridge and build value for our investors is an incredible reward.”
Tom Depping, CEO of Fox Ridge Capital, “Stan’s deep expertise in commercial credit and proven track record for building scalable underwriting platforms make him an excellent addition to our leadership team. His appointment represents the second startup of mine that he has joined and underscores our commitment to responsible yet aggressive growth and delivering reliable, technology-enabled financing.”
