meet the team

Your Advantage Team

Wayne Coker
President & CEO
Wayne Coker started his own factoring company in Houston in 1985 and has been active in the industry ever since. In 1994 he began one of Texas’ first bank-owned factoring companies, and six years later he and his team joined Central Bank, Houston’s longest-serving independent bank.

Company success led to growth through the years. Wayne and his team completed the first of five acquisitions in 2001, including a local competitor founded in 1978. Prior to entering the factoring industry, Wayne owned a number of Houston-area companies. He served on the first board of the International Factors Association and is a Director for the Commercial Finance Association. He also serves as Executive Vice President and Advisory Director for Central Bank. Wayne graduated with honors from the University of Houston C.T. Bauer College of Business in 1984.
Brad Baird
EVP & Chief Credit Officer
Brad has served many roles at Advantage since joining the company in 1995, with his current position being Executive Vice President and Chief Credit Officer. Prior to Advantage, Brad had seven years in the commercial banking industry, where he worked for three Texas community banks, and seven years in the commercial finance industry, where he was employed by a national equipment financing and leasing company. He earned his Bachelor’s degree in business and an MBA from Texas Tech University. He’s lived in Dallas, San Antonio, Amarillo, and Lubbock, but has called Houston home since 1989.
Mark Tiggeloven
EVP & Chief Operating Officer
Mark Tiggeloven is Executive Vice President and Chief Operating Officer at Advantage. Since joining Advantage in 1996, Mark has served in a wide range of capacities for the company. Prior to joining Advantage, Mark earned his CPA designation and worked in public accounting for 5 years with an emphasis on auditing, issuance of financial statements, and tax preparation, serving small-to-medium-sized businesses. Originally from the Netherlands, Mark moved to Houston in 1988 and earned his Bachelor’s degree in business administration and an MBA in international finance from the University of St. Thomas in Houston, TX.
David Montenegro
EVP of Sales and Marketing
David Montenegro is Executive Vice President of Sales and Marketing at Advantage Business Capital. He is responsible for new business development and referral partner relationships. Prior to Advantage Business Capital, David worked over 20 years in commercial banking and finance. David’s expertise is in providing working capital solutions to small and midsize businesses in the United States, Canada, and Mexico, that serve diverse industry sectors, such as energy, healthcare, government, manufacturing, temporary staffing, transportation, and wholesale distribution. David is fluent in English and Spanish.
Bob Kincaid
Bob Kincaid
Senior Vice President
Bob Kincaid has more than 30 years of experience in commercial banking and corporate finance. His career has spanned all aspects of credit analysis and underwriting, portfolio management, risk analysis and business development. Bob joined Advantage Business Capital in February 2016 after 15 years with a regional bank and has since managed credit relationships spanning multiple industries. He serves on the board for the Risk Management Association Gulf Coast Chapter and as President of Harris County Municipal Utility District No. 62. Previously, he served six years on the board of directors for the Hutchinson County Hospital District.

Bob graduated from Texas A&M University, where he earned a bachelor’s degree in finance. He completed his credit training program at Bank of America (formerly Republic Bank of Dallas) and became a Certified Account Executive in factoring from the International Factoring Association.
Farrah Vargas
Farrah Vargas
Senior Vice President
Farrah Vargas serves as Senior Vice President of Business Development at Advantage Business Capital. With more than 15 years of experience in the factoring industry, she has reviewed thousands of businesses and delivered millions in annual fundings. Her diverse background in leading an underwriting department, marketing & branding efforts, and her more recent experience in the business development capacity, has allowed her to help companies efficiently and effectively. Her unwavering commitment to exceeding expectations in all areas has earned her the trust of referral sources and clients alike.

Farrah has served on numerous speaking panels focused on alternative financing. She has been recognized for her contributions to the industry with accolades from the Secured Finance Network (SFNet)’s Top 40 Under 40 Awards and as second runner-up for Addison Magazine’s Top Female Executive Award. She graduated in the top 5% of Texas A&M University's Mays Business School with a degree in finance.
David Phillips
David Phillips
Senior Vice President, Far West Capital
David Phillips is a Senior Vice President of Far West Capital/Advantage Business Capital. David entered the asset-based lending industry in 2016 when Far West Capital was a private non-bank finance company. In mid-2018, Far West was acquired by & merged into Advantage Business Capital.

David is a proud Texan who was raised in Houston and now resides in Austin with his wife and children. He graduated with a bachelor’s degree in finance and a minor in history from Texas A&M University, where he was a member of the track & field team. David earned his MBA from the Action School of Business and was recognized in 2023 as a Secured Finance Network (SFNet) 40 Under 40 Award recipient for Business Development.