By Joyce C. Dimaculangan

MidCap Business Credit recently announced that Steve Lenihan has joined its relationship management team as Senior Vice President. He will be based out of the company’s headquarters in West Hartford, Connecticut.

Lenihan brings to MidCap Business Credit 30 years of experience in the banking and finance industry. He has held roles in commercial banking, project finance and asset-based finance.

“We are very excited to have Steve be a part of the team here at MidCap,” commented Steve Samson, MidCap President. “We have added significant portfolio management and underwriting experience by bringing him on board.”

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By Joyce C. Dimaculangan

First Business Capital announced the appointment of Chris McKernan as Vice President, Business Development Officer. In this role, McKernan will focus on originating asset-based loans in the Pacific Northwest. He will be based in Seattle.

McKernan brings to First Business Capital almost three decades of experience in asset-based lending and commercial finance. His areas of expertise include corporate finance, commercial lending, and asset-based lending.

Previously, he served as Director for New Business Originations – Western Region at Siena Lending Group, where he was in charge of business development of asset based lending products in the West.

Before that, was Vice President at First Capital responsible for marketing of asset-based lending in the Pacific Northwest. Previous ventures include vice president roles at Marquette Business Credit, Guaranty Business Credit, Finova Capital, LaSalle Business Credit, and Riviera Finance.

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By Joyce C. Dimaculangan

Specialty finance firm Veritas Financial Partners announced that Rodney Greth has joined the business as Senior Vice President in charge of  structuring, underwriting and closing new financing transactions in the Northeast and nationally.

With 30 years’ commercial lending experience, he served as a Senior Underwriter for Ares Direct Lending Group, as well as a Senior Vice President and Senior Underwriter for Keltic Financial Services.

He has a successful career in asset based lending, after serving various ABL platforms which were successfully sold to both bank and non-bank financial institutions. Previous ventures include Sovereign Bank, Business Alliance Capital Corporation, and Meridian Bank. He also co-founded TS Business Finance, a wholly-owned asset based lending subsidiary of Trenton Savings Bank.

Greth is past chairman of the Philadelphia chapter of Commercial Finance Association and is a member of the Turnaround Management Association.

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Park National Bank announced that Brian Albach has joined the company as a Business Development Officer in Funding Solutions. In this capacity, he will provide custom working capital solutions to small to mid-sized businesses in the manufacturing and services sectors. He will be based in Columbus, Ohio.

Albach brings to his new role more than 20 years of experience in commercial finance, with the last 10 years focused in factoring, operating throughout the Midwest. His experience includes sales in information technology leasing, managed network services, asset management services and capital equipment leasing.

Most recently, he served as Senior Vice President, Regional Sales Manager for Republic Business Credit, LLC. Before that, he spent five years with Bibby Financial Services as a Senior Vice President for the company’s Sales & Marketing division. Previous ventures include United Financial of Illinois and Comdisco.

He is a member of the Commercial Finance, Turnaround Management and International Factoring Associations, the Association for Corporate Growth, the National Association of Equipment Leasing Brokers and the Midwest Business Brokers and Intermediaries.

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By Joyce C. Dimaculangan

Curve Commercial Services welcomes Keith Kirkland as Senior Vice President and National Sales Manager. In this capacity, he is responsible for all sales and marketing efforts for the company and will manage the expansion of the sales team.

A veteran in the asset-based lending industry, Kirkland brings over 25 years of lending experience and sales and marketing expertise. Prior to joining Curve Commercial, he spent eight years of his career with Presidential Financial Corporation as Senior Vice President.

During his leadership at PFC, he managed the rebranding efforts of the new version of the 30-year old company, redesigning the marketing efforts and improving the company’s processes and documentation.

His experience includes leadership positions with Wall Financial Services and Physician Finance Group, SunTrust Bank and Heller Financial, where he was recognized as a top salesman.

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By Joyce C. Dimaculangan

TCF Financial announced the appointment Gary Peterson as President and Chief Executive Officer of TCF Equipment Finance, a division of TCF National Bank. In this capacity, Peterson is responsible for all business functions at TCFEF.

Peterson brings to his new role 37 years of experience in the equipment finance and leasing industry. Prior to his promotion, he served the company as Executive Vice President and Chief Operating Officer. Before that, he was Senior Vice President and National Sales Manager, responsible for the sales and marketing management of the TCFEF business segments.

Before joining TCFEF in 2004, Peterson spent 11 years with The CIT Group in various sales and sales management roles. He also served GE Capital for 16 years, where he held several Vice President of Sales and General Management positions.

“Gary has demonstrated strong leadership skills for many years at TCFEF,” commented William S. Henak, Executive Vice President of wholesale banking for TCF Financial. “I am confident that he and the experienced management team at TCFEF will continue to build on the strong performance they have delivered consistently in the past.”

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By Joyce C. Dimaculangan

TAB Bank has appointed Chief Credit Officer Curt Queyrouze as President. Based in the company’s headquarters in Ogden, Utah, he is responsible for all strategic, financial and operational functions of the Bank.

Queyrouze brings to his new role more than 30 years of commercial finance and commercial banking experience. Before joining TAB Bank in 2014, he served various credit, sales, and portfolio management positions in different industries.

His career includes serving as SVP and Director of loss mitigation for Whitney Bank, where he managed the resolution of a multi-billion dollar problem loan portfolio; COO of The Receivables Exchange; and Division Credit Executive for PNC Business Credit.

“Curt will provide steady and consistent leadership as we steer TAB Bank toward future opportunities,” said Chuck Maggelet, Chairman of the board of directors for TAB Bank. “We have established ourselves as a leader and an innovator in providing smartly engineered financial solutions for our clients.”

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By Joyce C. Dimaculangan

Timothy Serritella recently joined Loeb Term Solutions as Vice President of business development. Together with his fellow Loeb team members, Serritella will focus on the expansion of the company’s appraisal services, off-lease marketing services, and equipment-based lending portfolio.

Working at the company’s global headquarters in Chicago, he will seek lead sources across Wisconsin; Chicago, Illinois; and all states west of Mississippi to offer them equipment-based financial solutions.

Before joining Loeb Term Solutions, Serritella was a Director for new business development at HYPERAMS, a full-service appraisal, auction and liquidation firm. He also served as Vice President at Perfection Global and Totiro Corporation.

Loeb Term Solutions managing partner Jim Newman remarked, “Tim’s addition to the team is an exciting one as Loeb continues its expansion in the marketplace. We’ve previously worked with Tim on deals together and when the opportunity to add him to the team presented itself, we jumped at it. I can’t wait to see what we can do together.”

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By Joyce C. Dimaculangan

Timothy Carstens recently joined MB Business Capital’s middle-market asset based lending team as Senior Vice President. He will be based at MB Business Capital’s new office in Scottsdale, Arizona.

With 30 years of commercial finance experience, he will focus on offering commercial banking and lending services to the company’s middle-market clients in Utah, New Mexico, Nevada, and Arizona.

Previously, Carstens worked at PNC Business Credit as Vice President and Business Development Officer.; as well as in various capacities at Summit Financial Resources, M&I Business Credit and Wells Fargo Business Credit.

MB Business Capital President Michael Sharkey said, “Timothy brings an abundance of asset based lending experience to MB. As we execute our growth strategy, Timothy is a wonderful strategic addition to our team. With our expanding footprint nationwide, MB Business Capital is very well-positioned to provide the market with top-notch financial solutions and expert professionals from coast to coast.”

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By Joyce C. Dimaculangan

Crestmark is pleased to announce that Cory Turner has joined the company as Vice President, Business Development Officer for the Transportation Division. Based in Franklin, Tennessee, he is responsible for providing financial solutions to companies in the transportation and logistics industries nationwide.

Turner directly reports to Executive Vice President, and President of the Transportation Division, Heath Holdbrooks. “Cory comes to Crestmark with diverse experience in sales, and a proven record of successful relationship building,” commented Holdbrooks. “He is a strong addition to our talented team. We are excited to have him join us.”

Prior to joining Crestmark, Turner spent nine years with Comdata in Brentwood, Tennessee; most recently, as Senior Strategic Sales Executive where he assisted businesses with fuel card strategy. During his tenure there, he was the recipient of Comdata’s President’s Club Award five years in a row.

Turner obtained a Bachelor of Business Administration degree from Middle Tennessee State University.

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