Introducing Lorraine Julius as Senior Vice President, Business Development Officer

1st Commercial Credit Expands California Presence, Appoints Lorraine Julius as Senior Vice President, Business Development Officer

‍

Austin, Texas — [4/8/2026] — 1st Commercial Credit, LLC, a leading provider of accounts receivable financing and working capital solutions, is pleased to announce the appointment of Lorraine Julius as Senior Vice President, Business Development Officer. This strategic hire coincides with the company’s recent expansion into California following its approval and licensing under the California Financing Law.

‍

‍

With decades of experience in financial services, Lorraine brings a distinguished background having held senior roles at Bank of America, Mission Valley Bank, U.S. Bank, Capital Partners  and LSQ. In her new role, she will focus on building relationships with commercial bankers, business advisors, and brokers, delivering factoring and purchase order financing solutions to growing lower middle-market companies.

‍

As part of 1st Commercial Credit’s continued national expansion, Lorraine will serve as the company’s dedicated representative in California. As a California resident, she will play a key role in developing and supporting the region, strengthening local partnerships, and driving market growth across the state.

‍

“Expanding into California as a licensed lender is a major milestone for our company,” said Raul Esqueda, Founder and President of 1st Commercial Credit. “With Lorraine on the ground, we now have a strong local presence to support bankers, brokers, and business owners throughout the state. Her experience, reputation, and ability to structure creative solutions make her the ideal leader to help us monetize and scale our California operations.”

‍

Lorraine is widely recognized for crafting innovative funding solutions and delivering best-in-class service qualities that have earned her the trust of clients and partners across the industry. With access to 1st Commercial Credit’s full suite of financing products, she will be able to deliver customized solutions at a larger scale than ever before.

‍

Lorraine currently serves on the board of the San Diego Chapter of the Risk Management Association and is the past President of the Inland Empire Chapter. She also contributes her expertise as a committee member of the Southern California Chapter of the Turnaround Management Association.

‍

About 1st Commercial Credit, LLC

1st Commercial Credit, LLC is a nationwide provider of accounts receivable factoring and  purchase order financing. The company specializes in delivering flexible, non-bank working capital solutions to small and mid-sized businesses, helping clients scale without taking on traditional debt.