A Brief History of United Capital

After three decades of successful lending to small and mid-sized businesses across the country, Butler Capital’s lending operations were acquired by BankUnited, the largest bank headquartered in Florida, with more than $12 billion in assets.

The company is now a subsidiary of BankUnited called United Capital Business Lending, Inc. (UCBL), operating out of Hunt Valley, Maryland. On January 28, 2011, BankUnited began trading on the New York Stock Exchange under the symbol BKU. The initial public offering was the largest ever for a U.S. bank.

“United Capital Business Lending is building on Butler Capital’s national lending platform, as well as the experience and expertise of the Butler Capital staff,” said Larry Butler, Butler Capital’s founder. “As a subsidiary of BankUnited, one of the strongest banks in the country, United Capital now brings significant advantages to our customers with the ability to fund much larger transactions.”

United Capital Business Lending is now led by Bernard Lajeunesse, a seasoned executive of the middle-market lending industry, who most notably served as the president and chief executive officer of Healthcare Business Credit Corporation.

“The credit crisis continues to be a hurdle for companies of all sizes,” said Lajeunesse. “As a BankUnited company, United Capital Business Lending can provide businesses with the capital they need at very competitive rates.”