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Tom Linebarger Joins Stonebriar Commercial Finance

By Joyce C. Dimaculangan

Stonebriar Commercial Finance is pleased to announce that Tom Linebarger has joined the company as Director of Originations, Midwest Region. In this capacity, Linebarger will be responsible for Stonebriar’s origination efforts in the Midwest region.

StoneBriar Commercial FinanceLinebarger brings more than 25 years’ in the finance industry to his new role. He has a strong background in sourcing all types of senior secured commercial debt.

Prior to joining Stonebriar, he served as a Director of Originations from CIT Equipment Finance for more than three years. His previous experience includes serving as Senior Vice President, GE Capital; VP New Business Development, AIG Commercial Asset Finance; and Vice President, Marketing, Merrill Lynch Capital. He also worked for FINOVA Capital Corporation and Textron Financial.

“We’re very pleased to add a professional of Tom’s caliber to the Stonebriar CF team,” noted Dave Fate, President and CEO of Stonebriar CF. “His extensive experience and relationships will help us provide creative financing solutions to companies in the Midwest Region.”

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Marquette Promotes Todd Pacifico SVP/Loan Officer

By Joyce C. Dimaculangan

Marquette Business Credit recently announced that it has promoted Todd Pacifico to Senior Vice President/Loan Officer. Pacifico started his career with Marquette in 2012, where he served the company as an Underwriter/Loan Officer. His high level of professionalism and extensive banking industry knowledge have proven beneficial to his current clients in Atlanta, Georgia.

Todd Pacifico Marquette Business CreditPacifico has more than 20 years’ experience in the banking industry. His expertise includes commercial lending, loan origination, portfolio management, and asset based lending.

Prior to joining Marquette, he served RBS Business Capital for more than 12 years, where he last served as Vice President. Before that, he served as Assistant Vice President at Bank of Boston’s Asset Based Lending Group.

Pacifico earned a Bachelor of Science and Arts degree from the University of Vermont. He is currently an active member of the Commercial Finance Association.

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NewStar Taps Arthur Pesavento for Midwest Region

By Joyce C. Dimaculangan

NewStar Business Credit welcomes Arthur A. Pesavento as a Senior Vice President in its Chicago office. In this capacity, Pesavento is in charge of helping NewStar Business Credit’s marketing and origination efforts in the Midwest region, with a focus on generating new asset-based financing opportunities with middle market companies.

NewStar Business CreditPesavento brings more than two decades of commercial banking experience, particularly in structuring, originating, underwriting and managing debt financings for middle market firms. He joins NewStar from HSBC, where he most recently served as a Global Vice President.

Previously, he held senior leadership roles at RBS Business Capital; Fleet Capital; and Heller Financial.

“Art is well-known in the Midwest market and will be a great addition to our origination efforts in the region,” said Milton Iskra, EVP and National Marketing Manager for NewStar. “We are excited to have Art join our growing team. He adds a valuable combination of marketing coverage, credit skills and deal execution experience.”

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ATEL Adds Jeffrey Barry to Lease Origination Team

By Joyce C. Dimaculangan

ATEL Leasing announced the addition of Jeffrey Barry to its lease origination team in Chicago. As Senior Vice President of Lease Origination, Barry is in charge of growing the Midwest market for ATEL Capital Group – ATEL Leasing. He  is target relationships with Fortune 1000 companies to utilize capital equipment.

Jeff Barry ATEL Capital GroupBarry has over 25 years of experience in equipment leasing and finance servicing the Midwest marketplace. Throughout his career, he has financed all types of different assets, particularly with hard assets such as materials handling equipment, mobile mining equipment, paper and packaging assets.

Most recently, Barry served as Vice President, Equipment Finance at BBVA Compass, where he provided equipment and lease financing of capital requirements of corporate needs for various equipment types. Before that, he held similar roles at PNC Bank, ICX Corporation, MetLife Capital and McDonnell Douglas Finance.

“Jeff is an accomplished industry veteran with sterling reputation and extensive relationships,” commented Ken Fosina, ATEL Leasing Executive Vice President. “These qualities are essential ingredients needed to accomplish ATEL’s 2015 goal of doubling volume, while maintaining a disciplined approach to serving Fortune 1000 companies.”

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Wintrust CF Hires Ryan Berlage as SVP of Credit

By Joyce C. Dimaculangan

Wintrust Commercial Finance has hired Ryan Berlage as Senior Vice President of Credit. In this capacity, Berlage will be responsible for transaction underwriting, documenting and portfolio management for equipment-based loans and leases. He will be based in the group’s Frisco, Texas headquarters.

WintrustBerlage has more than 15 years of experience in the financial services industry. His extensive background will immediately contribute to WCF’s focus. “Ryan is a tremendous addition to the credit team,” said WCF Chief Credit Officer Paul Hallauer.

Berlage joins Wintrust from Nations Equipment Finance, where he served as Senior Vice President, Risk since 2010. Before that, he spent 11 years with GE Capital, where he held various positions in increasing responsibilities. At GE Capital, he started as a financial accountant and last served the company as a Senior Risk Analyst.

“He was a top performer at GE Commercial Finance and exhibits strong underwriting and deal-closing skills,” commented Hallauer. “More recently at Nations Equipment Finance, Ryan has augmented his underwriting and closing skills by managing and developing younger analysts. We were fortunate that he was available, and look forward to having Ryan and his family join us in Frisco, Texas.”

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Credit Value Partners Hires Daniel O’Rourke

By Joyce C. Dimaculangan

Greenwich, Connecticut-based Credit Value Partners has hired Daniel O’Rourke to focus on specialized loan origination and other direct lending opportunities. O’Rourke brings more than 20 years of financial services and asset based lending experience, including serving in various senior leadership roles at multiple national platforms in the Asset-Based Lending industry.

Daniel O'Rourke Credit Value PartnersPrior to joining CVP, O’Rourke served as Executive Vice President and Chief Credit Officer at Metis Commercial Finance in Boston. Previously, he was Co-Founder and Senior Vice President, Chief Credit Officer at Salus Capital Partners, which provides specialized loan structures. He helped Salus manage over $1.5BB in loans outstanding in less than two years.

O’Rourke’s previous ventures include serving as Chief Credit Officer for New Alliance Commercial Finance,  Head of Underwriting and Portfolio at First Niagara Commercial Finance. He also held comparable positions with National City Bank, LaSalle Bank, Paragon Capital and Wells Fargo Bank.

“Dan has an excellent pedigree in the middle market lending space. His deep experience and market presence is essential to our strategy of further expanding our Middle Market lending platform,” commented Don Pollard, Managing Partner.

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James Irwin Joins Credit Value Partners

By Joyce C. Dimaculangan

Credit Value Partners, LP announced that seasoned financial services executive James Irwin has joined the company to focus on specialized loan origination and other direct lending opportunities. These transactions will include asset-based loans, cash flow loans and structured transactions.

James Irwin Credit Value PartnersIrwin brings more than 30 years’ experience in the financial services industry. He has a proven track record of identifying and capitalizing on opportunities to provide financing solutions to traditionally underserved markets.

Most recently, he was the Chief Executive Officer of Metis Commercial Finance. Previously, he held senior leadership roles at Meridian Healthcare Finance, a San Diego-based boutique asset based lender; MC (Monroe) Healthcare Finance; as well as Cross Communications, which provided telecommunications termination services throughout Latin America.

Irwin’s addition to CVP strengthens the firm’s direct lending platform and augments the current direct lending team. CVP is seeking to make loans of $5 million to $50 million to U.S. middle-market companies.

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Capital Business Credit Names Matt Piccolo as VP

By Joyce C. Dimaculangan

Capital Business Credit has named Matt Piccolo as Senior Account Executive and Vice President. In his new role, Piccolo will be responsible for managing and underwriting a portfolio of lending and non-lending clients while ensuring their compliance to CBC’s credit and underwriting policies.

Matt Piccolo Capital Business CreditIn addition, he will have new business development responsibilities, specifically growing CBC’s factoring, trade finance and asset-based lending customer base.

Piccolo’s role was created in direct response to the increased financing needs from customers in a variety of industries in the Los Angeles market. He will report to Tri Sciarra, Executive Vice President and Los Angeles Regional Manager.

Piccolo brings more than 30 years’ experience in factoring to CBC. He spent 16 years at Continental Business Credit, where he last served as a Senior Account Executive/Vice President. Before that, he worked at Congress Talcott Corp. and Republic Factors Corp. as a credit analyst.

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BofA Business Capital Names Dan Stella Senior BDO

By Joyce C. Dimaculangan

Bank of America Business Capital has named Dan Stella as Senior Vice President and Senior Business Development Officer. Based in Philadelphia, Stella will deliver commercial banking and asset-based lending solutions to clients, prospects, and financial sponsors.

Daniel Stella Bank of AmericaStella brings more than 30 years of banking experience to his new role. Prior to joining Bank of America, he spent 11 years at PNC Business Credit, where he last served as Senior Vice President in charge of providing debt capital solutions to middle market companies.

Previously, he held a variety of roles with other asset-based lending organizations, including Fleet Capital Corporation’s Business Finance Group. He also worked at Summit Bank and Fidelity Bank.

In addition to his banking career, Stella is involved in several industry associations: including the Philadelphia chapter of the Turnaround Management Association; the Association for Corporate Growth and the Advocacy Committee of the Commercial Finance Association, where he was also a past President.

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Lighthouse Financial Welcomes Ben Riley as VP

By Joyce C. Dimaculangan

Lighthouse Financial welcomes Ben Riley as Vice President-Business Development, Mid-Atlantic Territory. In this capacity, Riley’s primary responsibilities will include the marketing of the company’s product offerings, origination of new asset-based loan opportunities and sourcing of collateral monitoring assignments with community banks lacking sufficient staffing or in-house expertise.

Ben Riley Lighthouse Financial CorpAn industry veteran, Riley will be based in Greensboro, North Carolina; and will cover the Mid-Atlantic region including Virginia, Maryland, Delaware, West Virginia, Pennsylvania and New Jersey. He brings more than 15 years’ experience in the financial services industry to his new role.

Prior to joining Lighthouse Financial, Riley served as Senior Vice President, Loan Originations Officer at Gibraltar Business Capital, which specializes in asset based lending and accounts receivable based working capital lines of credit. Previously, he worked at Marquette Commercial Finance and Diamond Business Credit; and at Euler Hermes ACI, the world’s largest trade credit insurance company.

“We are delighted to have Ben Riley join Lighthouse given his background and experience in commercial finance. We are focused on strategically increasing the size of our loan portfolio, and Ben’s addition will permit us to work more closely with potential clients and referral sources in the market areas we seek to serve more effectively,” commented Lighthouse President J. Brad Leach.

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