Glen Runnels brings more than 30 years experience in the financial services industry to his position as president of Dredgit Environmental. Since 1990, Mr. Runnels has been president of Merit Financial, Inc., offering nontraditional financing for businesses with revenues of less than $50 million. Merit offers customized debt and equity products and management services to rapidly growing small companies. Dredgit was started as a Merit portfolio company, with investments made to provide capital equipment, management and marketing expertise and working capital.
Previously, he spent 10 years with Houston’s third largest bank, ultimately as a senior officer of small business lending.
Mr. Runnels holds a B.A. in Finance from Texas Tech University.