Our services

In addition to supporting our affiliated broker-dealer Hanover Securities in government guaranteed loan and other securities trading, we provide administrative services to financial advisors and registered representatives of independent institutional fixed income brokerages.

handsome advisor discussing document with investor at workspace

Government guaranteed loans

Socially responsible investing

With the Community Reinvestment Act, banks can open doors to opportunity for underserved customers. We craft AAA assets for our investors in areas such as multi-family rental housing, rural job creation, green energy, and SBA 7(a) and USDA loans.

Whole loan trading

We provide focused, analytics-based trading advice to more than 800 banks, credit unions, funds, and non-bank lenders, making us one of the largest loan counterparties with community financial institutions nationwide.

Contact Us

We know what it feels like to not be able to talk to a real person. We’re here and available.

Joel Banes

CEO

(901) 261 – 5961

John Hirt

Managing Director, Financial Strategy

(901) 261 – 5964

Stephen Bone

Managing Director, Whole Loan Trading

(901) 261 – 5927

Meet The whole Team

John Wade

Product Specialist - SBA

John joined Memphis Capital with an increasingly notable 30-year career with the U.S. Small Business Administration (SBA) in Washington, D.C. His service includes over ten years as Division Chief of the Secondary Market for the 7(a) and 504 programs. His policy experience in lending and investor programs includes program delivery of the sale and securitization of government-guaranteed securities, negotiating terms for secured credit facilities, and investment oversight of the SBA Master Reserve Fund. His tenure at the SBA has included work as a Financial Analyst for a venture capital unit within the SBA Small Business Investment Company (SBIC) program. Before the SBA, John worked at a distinguished financial firm in Chicago, Illinois.

Education: M.B.A. in Finance, DePaul University. John holds a CFA.

jwade@memphiscapital.com
Direct: +1 (901) 261-5953

Scott Soltau

Senior Strategist

Scott joined Memphis Capital in March of 2023, bringing over 25 years of industry experience as an Institutional Fixed Income Salesperson and Trader. Scott started his career at American National Bank in the bond department. Through subsequent acquisitions, he was part of the formation of SunTrust Capital Markets and participated in monthly strategy meetings for the bank’s portfolio. After, Scott moved to the Institutional Fixed Income group for a notable organization in the business. He was one of only two invited to join the establishment’s Institutional Fixed Income Division from the AmSouth Capital Markets merger. He spent 10 years as a Fixed Income Sales professional and enjoyed working with the bank’s largest customers. Scott has numerous client relationships spanning Tier-1 money managers, insurance companies, depository institutions, trust departments, municipalities, and corporations. In 2013, he launched the Institutional Fixed Income business for a regional brokerage firm, where he stayed until joining the team at Memphis Capital.

He is Executive Advisor for FoxMark International, a transcontinental business incubator based in Tokyo, where he was born and raised. Scott used to serve on the Widow’s Harvest Ministries board. He also co-founded LAUNCH Chattanooga, a non-profit organization delivering entrepreneurship training to adults and high schools in underserved communities.

Education: B.A., Business Administration, Covenant College
Licenses: Series 6, 7, and 63

ssoltau@memphiscapital.com
Direct: +1 (901) 261-5977

Jacob Munsell

Strategies Analyst

Jacob joined the Banes Capital family in April 2022. Originally from Bend, Oregon, he has roots deep in the financial industry. While studying at George Fox University, Jacob double majored in Finance and International Business, the latter of which took him to 13 countries worldwide. Through the program, he learned how nations and cultures conduct their business, giving him a broad set of skills and market knowledge that he still uses to great effect.

Throughout his years in the finance industry, Jacob has worked in banking and financial advising and earned his Series 7 and Series 66 licenses. The pandemic market shifts led him to excel at assisting his clients through some of the most stressful situations in the last ten years. Jacob learned how to reassure and alleviate his clients' stressors with incredible customer service and retirement strategies. In 2021, Jacob moved to Memphis with his wife so she could pursue a career in the medical field.

Jacob enjoys traveling worldwide and plans only to continue his adventures. He also enjoys working on classic cars, hunting, fishing, and other outdoor activities with his wife during his off time.

Education: B.S. in International Business & Finance, George Fox University
Licenses: Series 66, 7

jmunsell@banescapital.com
Direct: +1 (901) 261-5985

Alston Meeks

Financial Strategist

Alston joined Banes Capital in 2022 after years in banking, finance, and the automobile sales and financing business. His experience with the loan origination process and credit buckets that are part of any financial institution’s secondary market criteria make him a natural fit for the whole loan sector. He is a legacy in the business, which means Alston grew up with conversations about the capital markets served with his cheerios.

With a strong commitment to the Memphis community, Alston graduated from Memphis University School and Ole Miss. He loves old cars for their engineering simplicity and style. He supports charity organizations throughout the Mid-South, while holding music as one of his passions. Alston has been an avid and active musician singing in local choirs and performing live for special events across the country.

Education: Managerial Finance, University of Mississippi

ameeks@hanover-securities.com

Direct: +1 (901) 261-5923

Tarasha Payne

Director of Accounting

Tarasha received her BS in Accounting from Christian Brothers University in Memphis, TN, and opened many doors for herself. Her career consists of over 25 years of public accounting, asset management, and small business accounting and taxation. Now, she joins us as our Director of Accounting, dedicated to ensuring our numbers are where they should be.

She has been married to her husband, Keith, for over twenty-seven years, and they are parents of three, with three grandchildren. Since the pandemic lockdowns and the closure of their favorite places, Tarasha took the initiative in starting a family Bible Study night where their family can come together to read, discuss, and learn about the messages of the Bible and how they can apply those lessons to their lives. As Finance revolves around her life, Tarasha teaches all she's learned through financial literacy and personal finance classes in her spare time at her church and the wider Memphis community. Tarasha has avidly supported Tennessee teams like her hometown Memphis Tigers, the Grizzlies, and the Titans.

Education: BS in Accounting, Christian Brothers University

tpayne@banescapital.com
Direct: +1 (901) 261-5918

Katie Campbell

Client Services Associate

Hailing from Memphis, Katie attended the University of Tennessee - Knoxville, and Union University, completing a Masters of Business Administration. She volunteered at the Boys & Girls Club of Memphis and Manorhouse Assisted Living throughout her college career. Before graduating, she joined the Banes/Hanover family to test her knowledge and skills, and she's been an asset ever since.

When she is not working, you can find her practicing hot yoga, trying new cuisines around town, or sifting through used books and records. Go Vols!

Education: Sociology with focus in Criminal Justice, UT Knoxville, MBA, Union University

kcampbell@hanover-securities.com
Direct: +1 (901) 261-5973

Chase Mednikow

Communications & Events Manager

Chase is a Memphis native and a University of Memphis Alum. She was a member of Alpha Delta Pi Sorority, Gamma Eta Chapter, where she enjoyed volunteering with Ronald McDonald House Charities. Having worked several years of experience in event planning and management, Chase has a masterful grasp of communication and organizational skills. She worked in logistics at Le Bonheur Children’s Hospital before joining our team in October 2021. Chase enjoys staying active, cooking, traveling, and cheering on the Memphis Tigers outside the office.

Education: BS, University of Memphis

cmednikow@banescapital.com
Direct: +1 (901) 261-5904

Our services

Government guaranteed loans

Socially responsible investing

Whole loan trading

Contact Us

Joel Banes

CEO

John Hirt

Managing Director, Financial Strategy

Stephen Bone

Managing Director, Whole Loan Trading

Contact Us

Our Office

Follow Us

John Wade

Scott Soltau

Jacob Munsell

Alston Meeks

Tarasha Payne

Katie Campbell

Chase Mednikow