ABOUT
About The Firm
ABOUT A10 CAPITAL
A10 Capital was founded in June 2007 after co-founder Jerry Dunn—then a c-suite executive at Bank of the West and a seasoned entrepreneur—recognized mounting risks in unchecked commercial real estate lending during the mid-2000s. Anticipating a market correction, Dunn teamed up with two prominent CRE investors and rejoined his long-time partners to harness their Boise-based specialty finance heritage. Together, they built a disciplined, entrepreneurial lending platform rooted in contrarian insight, operational rigor, and deep “sticks and bricks” expertise—positioned to deliver value and resilience through every market cycle. That foundation and track record continues to define A10’s culture and long-term success.
From inception, A10 prioritized building a fully integrated servicing and asset management platform before scaling originations—a deliberate choice that enables faster decisions, direct communication, and consistent support from closing through payoff. This commitment to proactive risk management and transparency has positioned A10 as a trusted, cycle-resilient lender. Supported by permanent equity from H.I.G. Capital and Gemspring Capital, the firm has issued BBB-rated corporate debt and over $4 billion in investment-grade structured finance bonds, demonstrating a track record of disciplined performance and sustained growth.
A10’s roots trace back to a pioneering specialty finance tradition founded in Boise, Idaho. In the early 1990s, the company’s co-founders—former Wall Street and Drexel Burnham investment bankers—relocated to Boise to launch a series of successful specialty finance and private credit platforms spanning franchise lending, equipment finance, and consumer finance.
Collectively employing more than 1,000 professionals, these businesses were ultimately acquired by leading financial institutions, including PNC Bank, and Capital One. Recognized for innovation, contrarian strategy, and durable value creation, the team helped advance securitization practices and broaden access to emerging asset classes in the capital markets—all from Boise.
Today, A10 continues this legacy, led by many of the same professionals who built and managed those earlier platforms. Their enduring success has established Boise as an unexpected yet thriving hub for private credit and specialty finance innovation and execution.
2007
Anticipating a market downturn after observing ultra‑aggressive mid‑2000s lending practices, capitalized the business in partnership with a prominent family office and built a proprietary special servicing and asset management platform.
2009
With committed capital available as the Global Financial Crisis unfolded, delivered flexible, short‑term bridge financing to savvy investors pursuing opportunistic CRE acquisitions at a time when most lenders had sharply pulled back.
2012
Secured a strategic growth investment from H.I.G. Capital to accelerate national expansion and balance sheet growth, and structured what is regarded as the industry’s first CRE CLO, establishing A10 as an innovator in the sector.
2015
Introduced a fixed‑rate permanent loan product and Co‑Founder Jerry Dunn was named EY Entrepreneur of the Year in the Utah Region.
2018
Approved as a Freddie Mac Seller/Servicer under the SFR pilot and obtained additional equity investment from Gemspring Capital.
2019
Established A10’s first Separately Managed Account with a European life company to enhance fixed-rate permanent loan execution.
2020
Received one of the few SBA approvals for non‑bank PPP loan origination and funded more than 24,000 loans totaling $1.3 billion, providing critical support to A10’s borrowers and their tenants throughout the COVID‑19 crisis.
2021
Closed the inaugural ‘BBB’-rated corporate debt issuance and surpassed $5 billion of total loan volume.
2024
Closed the first flagship Debt Fund of 1, enabling bridge loans up to $100 million, and exceeded $6 billion in cumulative loan originations.
2025
Established new separate accounts dedicated to lower‑priced Core and Core+ bridge loans up to $100 million, enhancing A10’s ability to meet institutional borrower demand at scale.
OUR MISSION STATEMENT
