Category Archives: Capital‐Movements

American Business Lending Names Scott Kaesel, VP

By Joyce C. Dimaculangan

American Business Lending (ABL), a Dallas based, non-bank participant in the Small Business Administration (SBA) 7 (a) lending program, announced that Scott Kaesel has joined the business as Vice President, SBA Business Development Officer in the Columbus, Ohio office. In his new role, Kaesel is responsible for originating new SBA 7(a) loans to borrowers on a national basis.

Scott Kaesel American Business LendingKaesel brings over 20 years of experience in the banking industry, the last 12 of those years focused on SBA lending. His expertise includes small business lending, SBA, loan origination, and commercial lending.

Prior to joining ABL, he served as Vice President, SBA Business Development Officer at Pacific Premier Bank, where during his tenure, approximately $12.5MM in new loan applications were submitted, $5.7MM approved, and $2.3MM in closing. Previous ventures include management positions at Columbus First Bank, U.S. Bank, Park View Federal Savings Bank, and UPS Capital.

“With his experience serving in various positions across the industry, we know Scott will become an invaluable asset to our team, and an outstanding resource to our customers,” said ABL CEO Charlie Bell.

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Northpoint Commercial Finance Hires Robert Wagner

By Joyce C. Dimaculangan

Northpoint Commercial Finance has hired Robert E. Wagner as Senior Vice President of Business Development. In this capacity, Wagner will be responsible for further growth of the Northpoint core industries and accelerated expansion into the technology sector and other revolving credit markets. In addition, he will manage the expansion of Northpoint’s asset-based lending business in the middle and lower middle markets nationally.

Robert Wagner Northpoint Commercial FinanceWagner has more than 25 years of asset-based lending, factoring, and channel finance industry experience. Previously, he served as Managing Director for the Supply Chain Finance team at Wells Fargo Capital Finance, where his loan originations team offered channel financing programs across the United States and Canada.

Moreover, he spent five years with Textron Financial serving various roles, including a period as Division President of Textron’s asset-based lending division, where he played a key role in the growth of the middle and lower middle market businesses. He also held positions at Conseco Finance, GE Capital and Deutsche Financial Services.

“We are excited to add Robert to the Northpoint team and look forward to leveraging his extensive experience to propel Northpoint’s growth,” commented Northpoint CEO Dan Radley. “With all of the uncertainty and potential consolidation in the commercial lending space, the timing is right for Northpoint to pursue new markets in order to add a viable finance alternative for commercial borrowers.”

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Regent Bank Promotes Dawn Calder to CCO

By Joyce C. Dimaculangan

Florida-based Regent Bank is pleased to announce the promotion of Dawn Calder to Chief Credit Officer. In her new role, Calder is responsible for overseeing the assessment of prospective borrowers’ credit risk, as well as the bank’s loan portfolio. Additionally, she will make recommendations to the loan committee and board of directors on loan applications and policies.

Dawn Calder Regent BankCalder has more than 28 years of experience in the banking industry, with 25 of those years spent in Palm Beach County. She joined Regent Bank in 2009 as Senior Vice President, Regional Manager.

Throughout her career, she has held leadership roles, including Senior Lender, CRA Officer, and Human Resources Director. She has worked in numerous capacities through various mergers, including the First American Bank and Barnett Bank merger, and the Great Southern Bank and Colonial Bank merger.

In addition to her career, Calder is actively serving the community. She is involved with many organizations, including the Chamber of the Palm Beaches, the Florida Bankers Association, CREW Treasure Coast, and the Junior League of the Palm Beaches.

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Scott Coleman Joins Fidelity Bank as SBA BDO

By Joyce C. Dimaculangan

Fidelity Bank is pleased to announce that SBA loan expert Scott Coleman has joined the company as SBA Business Development Officer. In his new role, Coleman is responsible for business development efforts in the Greater Atlanta area.

Scott Coleman Fidelity BankColeman brings more than 20 years of experience in Commercial, SBA and USDA lending. His commercial expertise includes government lending, commercial lending, business development, and underwriting. Throughout his career, he has dealt with small business owners in the areas of SBA lending, commercial real estate and equipment finance.

Before joining Fidelity Bank, he served as Vice President, Small Business Lending at Square 1 Bank. Previously, he served in different business development roles, including as Business Development Officer at Quantum National Bank; and Vice President, Business Development both at Onyx Capital Group and Wells Fargo. He has had other leadership roles at Banco Popular, JPMorgan Chase, and IBM.

Coleman obtained a Bachelor of Science degree in Finance and Marketing from the Lindner College of Business at the University of Cincinnati. He is a member of the Georgia Lender’s Quality Circle and is a board member for Georgia Certified Development Corporation.

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TIP Capital Welcomes John Crockett as MD

By Joyce C. Dimaculangan

TIP Capital welcomes John Crockett as Managing Director, Credit and Underwriting. In this capacity, Crockett is responsible for developing credit policies and procedures for TIP Capital’s commercial equipment leasing customers, and managing risk in the credit and underwriting group. He covers the company’s nationwide equipment leasing operations.

TIP CapitalCrockett is an accomplished financial services professional and brings an extensive background in the equipment leasing industry to TIP Capital. Most recently, he served as Head of North American Operations at Macquarie Equipment Finance, LLC. During his ten-year tenure at Macquarie, he served various roles in the credit and collections departments.

Previously, he held  management positions in credit, collections and operations for Dana Commercial Credit, Heller Financial (acquired by GE Capital in 2001), and CIT Systems Leasing (acquired by the Macquarie Group in 2008).

“With more than 30 years of experience in the equipment finance industry, John’s background provides additional credit and collections experience to diversify and grow our operations team,” said Tom Rutherford, Chief Operating Officer of TIP Capital. “He will align TIP Capital’s credit and underwriting efforts with those of Crestmark Bank to ensure we appropriately evaluate, monitor and manage the risk in our division’s portfolio.”

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Lake Michigan Credit Union Adds Nick Simatos as VP

By Joyce C. Dimaculangan

Lake Michigan Credit Union announced the hiring of Nicholas “Nick” Simatos as Vice President of Commercial Lending. Simatos brings 10 years’ experience in the financial services industry, five of those years in commercial lending.

Nicholas Simatos Lake Michigan Credit UnionPrior to joining the credit union, he was an Assistant Vice President, Commercial Loan Officer at Chemical Bank, as well as a Credit Analyst and a Personal Banker at Huntington National Bank.

“Nick’s addition bolsters LMCU’s continuing commitment Michigan’s thriving business community,” remarked Jim Maskell, LMCU’s Senior Vice President of Commercial Lending. “Nick brings a successful history of providing clients with both superior service and creative financial solutions. We are indeed fortunate to have Nick on our growing team of commercial banking professionals.”

Likewise, Simatos is excited to take on his new role. “I’m happy to join an organization that makes it a priority to return value to its members. I look forward to working with new teammates, as well as creating relationships with members.”

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CIT Appoints James Paterson as VP, Business Devt

By Joyce C. Dimaculangan

CIT Group, Inc. has appointed James Paterson as Vice President of Business Development for CIT Commercial Services. In this capacity, Paterson is responsible for providing working capital solutions to growth companies in the middle market.

James Paterson CITPaterson has more than 20 years of experience assisting companies in the middle market achieve their growth capital. His focus has been on providing financial advisory services to growth-oriented mid-sized companies.

Prior to joining CIT, he was a Managing Partner at Ocean Capital Partners and an Investment Banker of Jefferies & Company Inc. He began his career in 1994 at First Marathon in Toronto and since that time has worked in both New York and Los Angeles as an investment banker, commercial banker and merchant banker at Donaldson, Lufkin & Jenrette, Banc of America Securities, and GE Capital.

“Leveraging CIT’s reputation as one of the leading providers of working capital solutions to the consumer products sector with a deep understanding of the retail and wholesale distribution markets, James will play an important role as we expand the working capital solutions of CIT Commercial Services into adjacent verticals,” said Mitch Cohen, Executive Vice President and Western Regional Manager of CIT Commercial Services.

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John Golsen Signs Up with TD Bank as BDO, SBA

By Joyce C. Dimaculangan

TD Bank announced that John Golsen has joined the company as Vice President, Business Development Officer in the SBA Lending Division. In this capacity, Golsen is in charge of providing SBA loans to commercial customers for the acquisition of a business, owner-occupied commercial real estate and working capital lines of credit.

John Golsen TD BankBased in Calverton, Maryland, Golsen will cater to the financial needs of small- to mid-sized companies in Maryland and Virginia.

Bringing 12 years’ experience in finance and real estate lending, he has an extensive background in commercial banking that includes origination of credit facilities and treasury management solutions, underwriting, and relationship management.

Prior to joining TD Bank, he served as a Vice President at GE Capital Franchise Finance in Bethesda, Maryland, where he provided debt and equity products in the restaurant franchise space; and as Vice President, Senior Relationship Manager at Sandy Spring Bank, where he was responsible for new loan origination goals and management of existing relationships with clients whose total bank exposure ranges from $1MM-$10MM.

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Tompkins VIST Bank Hires Joseph Bergquist as VP

By Joyce C. Dimaculangan

Tompkins VIST Bank welcomes Joseph Bergquist as Vice President, Commercial Banking Relationship Manager. In his new role, Bergquist is in charge of providing conventional and SBA loans and other personalized banking solutions to business customers in the greater Philadelphia region.

Joseph Bergquist Tompkins VIST BankBergquist brings more than 15 years’ commercial banking experience to Tompkins VIST Bank, primarily in Berks, Montgomery, Chester and Bucks Counties.  He specializes in commercial & industrial lending (“C&I”), SBA loans and all types of commercial real estate. .

Most recently, he served as Vice President, Commercial Relationship Manager at The Victory Bank in Limerick, Pennsylvania, where he managed a commercial loan portfolio, business development, and SBA lending. He was also a commercial lender at Commerce Bank; a Business Development Officer at Citibank, East Norrito; and Assistant Vice President, Commercial Lender for Commerce Bank, Bensalem and King of Prussia.

Bergquist lives in Lower Providence Township and actively serves the community. He is a member of the Professional Business Network, the Perkiomen Valley Chamber of Commerce, and the Spring Ford Chamber. He also serves on the Lending Advisory Board of the Pennsylvania Bankers Association.

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Northwest Bank Names Michael Bickerton as EVP

By Joyce C. Dimaculangan

Northwest Bank is pleased to announce that Michael W. Bickerton has been named Executive Vice President, Commercial Lending. As EVP, Bickerton is responsible for overseeing Northwest’s Commercial Lending department, which provides a full range of commercial financing options across the bank’s footprint.

Michael Bickerton Northwest BankBickerton has 33 years of experience in commercial banking, middle market lending, credit policy and risk management. Most recently, he served as Chief Credit Officer at Lorain National Bank, which Northwest recently acquired.

Before Lorain National Bank, he spent most of his years in the industry with KeyBank, where he last served as Executive Vice President, Credit & Risk Manager for two years. He was also an EVP, Great Lakes Region Credit Executive, and held various management roles, including as Executive Vice President, Senior Vice President, and Vice President in the lending, credit and special assets divisions.

“Mr. Bickerton is an experienced banker with an extensive commercial lending and credit background,” said Steven G. Fisher, Senior Executive Vice President, Chief Revenue Officer. “He will be a tremendous asset to our organization and is uniquely qualified to lead the Commercial Lending Department as we continue to profitably grow our commercial lines of business.”

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