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Models of creative popularization in the Internet age
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Spencer Thomas
Investor at Gravity Fund
Minneapolis, Minnesota
Overview
Spencer Thomas is the CEO of KLC Financial in Minneapolis, Minnesota, with a background in commercial lending, structured finance, and asset-based lending. With experience as the President and Executive Vice President at KLC Financial, Thomas has excelled in providing competitive and flexible equipment finance solutions while also investing in various companies in the FinTech sector.
Thomas's career highlights include successfully leading KLC Financial as its Chief Executive Officer and President, as well as demonstrating expertise in commercial lending, small business lending, and financial structuring throughout his professional journey.
Work Experience
Chief Executive Officer
2022 - Current
My goal has always been to build KLC Financial into the best equipment finance & leasing company in the market, and while we will never stop evolving to get better, I believe we are at the top of the list. We have an amazing team, leading edge technology, the most flexible products, and the best customer service which sets us apart. I attribute a lot of my success to hard work, innovation, compassion, and intrigue. I am truly interested in getting to know each of our customers and their businesses. I take the time to understand their businesses, their opportunities as well as the challenges they face. I consider many of my customers personal friends. I want to celebrate their victories, while being right there with them through their times of need. I enjoy learning about new businesses, new approaches to established business models and an entrepreneurs success story.
President
2017 - 2022
Executive Vice President
2001 - 2017
KLC Financial is a commercial equipment leasing and financing company.
KLC Financial capital equipment financing and leasing company.
LP, Investor
2022
Gravity Fund is a thesis driven, early stage venture capital firm
LP, Investor
2021
Groove Capital is a new investment firm targeting early-stage companies.
LP, Investor
2020
Executive Vice President
1999 - 2001
Founding and creation of business development program. Responsibilities include: • Business development • Corporate Management • Debt structuring • Equity/ capital raising • Business strategy • Software/ product development • Portfolio Management Experiences in all industries with direct experience in construction, agriculture, technology, real estate, hospitality and telecommunications
Strategic Account Sales & Management
1998 - 1999
Senior Account Representative
1997 - 1998
Sales
1994 - 1996