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avatar for Alex Tovstanovsky

Alex Tovstanovsky

Working Capital of America
VP Small Business Lending
Naperville, Illinois
Alex Tovstanovsky is a managing partner at Working Capital of America located in Naperville Illinois. Alex has direct ownership and management experience in a variety of industries including construction, retail, automotive, and financial services. Alex is a serial entrepreneur that started his first real estate investment business at the age of 17 when he borrowed $25,000 from his parents home equity line of credit to purchase his first investment property. Over the last decade, Alex has launched a number of successful company startups. Unfortunately, the biggest difficulty was always finding capital to finance growth and day-to-day operations. Traditional banks lend against hard assets and collateral that most new businesses usually don’t have. In 2015 Alex and his father sought to find a working capital solution that could offer the type of financing that most banks shy away from. The goal was simple; find investors and business partners to build a financing company which could be an alternative to traditional bank financing. Filling a large industry void, Working Capital of America uses our customized family owned approach combined with out-of-the-box thinking to provide working capital financing solutions for B2B businesses and their owners. Currently Alex spends most of his time managing multiple businesses including a successful car dealership, real estate company, and managing day-to-day operations at Working Capital of America. Alex has a bachelor’s degree in Finance from Northern Illinois University with an emphasis on Treasury Management.

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