Category Archives: ABL

ABL

John Cyphers Joins Stonebriar Commercial Finance

By Joyce C. Dimaculangan

Stonebriar Commercial Finance announced that John Cyphers has joined the firm as Director of Originations covering the Eastern Region. In this capacity, he will manage the company’s origination efforts in that area.

John Cyphers StonebriarCyphers has over two decades of experience in the finance industry. Most recently, he was Regional Growth Leader for the fleet equipment finance team of Element Financial Corporation.

Before that, he spent 18 years of his career at GE Capital. He served as a Sales Leader for the Mid Atlantic Enterprise Team, where he led a team that delivered over $2.0 B in volume in two years.

He also held leadership positions in GE Capital’s Federal Finance platform as well as in their Capital Markets Group. In addition, Cyphers spent 16 years managing a regional heavy highway and asphalt contractor.

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Brett Hewitt Tapped as SVP at CapitalSource

By Joyce C. Dimaculangan

CapitalSource, a division of Pacific Western Bank, announced that Brett Hewitt has joined the business as a Senior Vice President of Originations. Based in Austin Texas, he will be in charge of sourcing and originating equipment finance loans in the Southeastern region of the United States.

Brett Hewitt CapitalSourcePrior to joining CapitalSource, Hewitt served as a Vice President covering the Gulf Coast Region for GE Capital Corporate Finance. During his leadership at GE, he was named the top performer on a 68-person originations team in both 2014 and 2015. Before that, he was Vice President of Sales at Equipment Leasing Services, LLC in Scottsdale, Arizona, and a Credit Manager at Wells Fargo Financial.

“Brett has been actively originating deals in the equipment finance arena for well over a decade,” commented Maureen Carr, Managing Director of the Corporate Asset Finance Group at CapitalSource.

She added, “He is a dedicated professional who consistently achieves stellar outcomes on behalf of his clients. We look forward to leveraging his deep industry knowledge as we work to expand our presence in the southeast.”

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Scott Ehrlicher Appointed Vice Pres at Whitney EF

By Joyce C. Dimaculangan

Whitney Equipment Finance, a recently formed equipment finance company at Hancock Bank and Whitney Bank, has appointed Scott Ehrlicher as Vice President. He is based in Houston, Texas.

Scott Ehrlicher Whitney Bank Equipment FinanceEhrlicher has 19 years of experience. Prior to joining Whitney, he founded Finding Financial Solutions, LLC, a consulting company that specializes in providing financial solutions to small- and medium-sized oil and gas service and transportation companies.

Previously, he spent 12 Years with GE Capital Transportation Finance Division, where he last served as Vice President and District Sales Manager for the Texas and Louisiana markets. During his leadership, the region originated over $80 million dollars in loans and leases in 2014 from truck, trailer dealers, and direct customers.

Before GE, he served Hibernia Investments, LLC for six years, where he was recognized by Nationwide Investments and Insurance as a top 25 producer nationally and achieved “Circle of Excellence” award.

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Tony Dobek Appointed BDO at TCI Business Capital

By Joyce C. Dimaculangan

TCI Business Capital welcomes Tony Dobek as Senior Vice President of business development. As SVP, Dobek is in charge of developing referral relationships with finance partners serving clients that could benefit from TCI’s financial services.

Tony Dobek TCI Business Capital“Tony will lead our business development efforts across Minnesota and the Upper Midwest, working with clients looking for accounts-receivable financing and other services,” said Bill Fuesz, Senior Vice President of sales and marketing at TCI Business Capital. “He has expertise across various industries so he’s well-suited to help companies that need cash-flow solutions.”

Fuesz added, “Bankers, attorneys and other financial professionals often look to find exceptional partners to deliver specialized financial services to their customers, and TCI has a reputation of providing great customer service and support for these services. Tony’s experience in building these types of relationships will provide potential partners with the resources they need for everyone to succeed.”

Most recently, Dobek served as Vice President of business development at LSQ Funding, where he was responsible for of acquiring clients for asset based lending, accounts receivable and inventory financing in the Upper Midwest territory. During his six-year leadership, he was recognized as a National Salesperson of the year in 2010 and 2011.

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Yvonne Kizner Named SVP, ABL at Blue Hills Bank

By Joyce C. Dimaculangan

Blue Hills Bank in Massachusetts announced that Yvonne Kizner has joined the business to lead its new Asset-Based Lending initiative. As Senior Vice President, she will be part of the team that will focus on providing working capital lines of credit and term finance support to middle market companies with borrowing needs between $3 million and $25 million.

Yvonne Kizner Blue Hills BankKizner is an experienced professional in the asset-based lending community with specialized knowledge of liquidation values and asset valuation. She brings to her new role 25 years of banking experience.

Most recently, she worked as First Vice President for First Niagara Commercial Finance, where she was director of collateral control and compliance. Before First Niagara, she was the President of HCP Asset Advisors, LLC, launching the appraisal division for Hudson Capital Partners.

Previously, she served as Managing Director of Gordon Brothers Asset Advisors, where she received the Phil Frieze Award. The award recognizes a Gordon Brother employee who gives back to the community through philanthropic activities.

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Victoria Mora Appointed as AVP at GSG Financial

By Joyce C. Dimaculangan

GSG Financial announced that Victoria Mora has joined the business as Assistant Vice President of Credit & Syndications. She will be in charge of credit underwriting of mid-ticket transactions, providing analysis for GSG’s banking partners as well as the CFO. In addition, she will monitor and modify credit scoring models on a regular basis.

Victoria Mora GSG Financial“Victoria comes to GSG with a strong credit background and great people skills,” said Chief Financial and Risk Officer Walter Stranzl. “As GSG looks to continue to expand, we were looking for someone with just that unique combination. Victoria will be a great asset to our firm.”

Most recently, Mora served as a Commercial Banking Officer at MB Financial Bank in Chicago. In this role, she managed a commercial portfolio of $26 million for middle market companies in the Chicago area. She also provided high quality financial products for equipment purchases and was an active member of the Equipment Lease and Finance Association.

“Victoria’s experience and knowledge of the equipment finance industry makes her a great fit for GSG,” stated Andrew Bender, CEO. “We are thrilled to add another all-star to our growing team.”

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Tom Derenze Recruited as CCO at Austin Financial

By Joyce C. Dimaculangan

Seasoned credit analyst Tom Derenze joined Austin Financial Services as Senior Vice President and Chief Credit Officer. In his new role, he will be responsible for day-to-day oversight and administration of the company’s loan portfolio and operations.

Tom Derenze Austin Financial Services“Growing our portfolio while maintaining high credit quality standards, particularly in the current market, continues to be a priority for Austin” commented Jason Anish, President and CEO of Austin Financial. “Tom is a welcome addition to our management team, as he has significant experience growing assets and managing credit quality in the ABL space.”

Derenze has over 35 years of lending experience in asset-based lending, including credit, operations and sales. He specializes in financial analysis, operations, marketing, and startups.

Prior to joining Austin Financial, he served as Chief Operating Officer for Summit Financial Resources in Salt Lake City and Regional Manager of Business Alliance Capital in Los Angeles.

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Don Walsh Added as SVP, Originations at Stonebriar

By Joyce C. Dimaculangan

Stonebriar Commercial Finance based in Plano, Texas, announced that Don Walsh has joined the business as Senior Vice President, Originations for SCF Business Aviation, the company’s global business aviation financing platform.

Stonebriar Commercial FinanceWalsh has more than 25 years of experience in the business aviation finance industry. Most recently, he served as a Managing Director for Guggenheim Partners. In this role, he oversaw new transaction origination activities for Guggenheim’s Business Aircraft Investments group.

Previously, he was responsible for originating transactions US Bank Equipment Finance, Key Equipment Finance and Boeing Capital Corporation.

“We’re very pleased that Don has joined SCF Business Aviation as part of the acquisition of the Guggenheim Business Aircraft Investments team,” remarked Michael T. Amalfitano and Nicholas M. Sandler, Co-Heads of SCF Business Aviation and EVPs at Stonebriar.

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Carol Apicella Named VP at Triumph Business Capital

By Joyce C. Dimaculangan

Triumph Business Capital welcomes Carol Apicella as Vice President, Business Development Officer. In this capacity, she will focus on the growth of general factoring services in the Southeast.

Carol Apicella Triumph Business CapitalApicella brings more than three decades of experience in the financial services industry. Most recently, she was Vice President and Managing Director with Sterling National Bank’s Government Contractor and Payroll Finance division. In this role, she was in charge of generating new business, focusing on lending solutions to those who engage in service or place professionals in government jobs.

Prior to Sterling National Bank, she served senior management roles at large finance companies and national banks focused on working with commercial, government contractors and staffing clients. Previous ventures include Wells Fargo Capital Finance, K Bank, Reservior Capital/Cambridge Capital, and GE Capital.

“As Triumph Business Capital grows its general factoring offerings, we must find quality talent to expand with it,” said Blaine Waugh, Senior Vice President, Business Development. “Carol Apicella brings years of financial expertise to the Triumph team. With her history of success, she is a great asset for our general factoring initiatives.”

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Brian de la Houssaye Hired at Wintrust Commercial

By Joyce C. Dimaculangan

Wintrust Commercial Finance announced the hiring of Brian de la Houssaye as Senior Vice President of Business Development. Based in WCF’s headquarters in Frisco, Texas, De la Houssaye will be responsible for direct originations in the south central region and will join the national team led by Executive Vice President and COO Joe Thompson.

Wintrust Commercial Finance“I am very happy that Brian has joined our team,” commented Thompson. “He has excelled in every role throughout his career. I cannot think of an industry that Brian has not financed. His energy is infectious. Having worked with him previously, I know Brian will do a great job and be a model of how we want to grow our direct salesforce.”

De la Houssaye has 36 years of experience in commercial finance. He brings an extensive background in originating and structuring transactions. He has held a number of senior management, syndications and sales positions at various firms such as Cargill, Verizon, Bank of America and JP Morgan Chase. Prior to joining WCF, he served as Vice President of Direct Originations at AIG Investments.

Thompson explained, “It’s a very exciting time for our business and customers. Wintrust has provided everything we need to be a best-in-class commercial asset finance business. We are off to a tremendous start. It all begins with having the best people and I’m proud of this team.”

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