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Area hedge funds the lure for West Coast firm

Norwalk Advocate- A California firm that provides financial assistance to companies has chosen Westport to locate its first East Coast operation.

Seeking to expand its operations to lucrative Greater New York and Fairfield County, San Francisco-based Business Capital, a provider of commercial turnaround services, has opened an office at 191 Post Road West in Westport.

The goal is to build a stronger East Coast presence, as banks tighten lending standards and firms turn to nontraditional financing, said Chuck Doyle, managing director of the firm.

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