John McNeill Joins Spring Oaks Capital as Group’s Chief Financial Officer

CHESAPEAKE, Va. — Spring Oaks Capital, LLC is pleased to announce the hiring of John McNeill as Chief Financial Officer. John will be based in Atlanta, Georgia and report directly to President & CEO Tim Stapleford.

As a proven CFO, John brings the level of executive experience that aligns ideally given the Company’s significant growth over the past few years and exponential opportunities ahead. John joins

Spring Oaks Capital with broad FinTech and Financial Services experience, most recently serving as CFO for CAN Capital.

At Spring Oaks Capital, the CFO role goes well beyond traditional corporate finance functions. In addition to leading all finance and accounting operations, John will play a key role in helping the team develop and execute our strategic plans to build enterprise value for all stakeholders.

Spring Oaks Capital’s President and CEO, Tim Stapleford, stated, “John is precisely the kind of experienced leader the company needs as a CFO going forward. We recently completed our fourth and largest round of capital in the company’s history. His experience and financial expertise will help us grow significantly through the upcoming expansion cycle in our industry.”

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John added, “I am thrilled to be joining Spring Oaks Capital during such an exciting time and I am inspired by the company’s focus on developing a data-driven and technology-focused approach that enhances the experience for both employees and customers. I look forward to working with the highly experienced management team at Spring Oaks Capital and contributing to its increasing success.”

About Spring Oaks Capital, LLC

Spring Oaks Capital is a national financial technology company, focused on the acquisition of credit portfolios. The Company subscribes to an employee and consumer-centric operating philosophy that creates high-value jobs, a significant performance lift, and the highest standards of compliance. Spring Oaks’ business strategy is rooted in innovative data-driven technology to maximize collection results and a contact platform that offers multi-channel options to meet each consumer’s communication preference. Spring Oaks has the management vision and experience to nurture a culture and DNA that is unique in the space. To learn more about Spring Oaks, please visit www.springoakscapital.com.