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Northpoint Commercial Finance Announces New Inventory Finance Sales Team

June 20, 2012, 07:00 AM

Northpoint Commercial Finance LLC, a diversified inventory finance company, today announced its new sales team.

Russell Baqir, VP of Sales, is leading Northpoint’s sales team and is based in the Alpharetta, Georgia headquarters.  Most recently Marine Division President of Textron Financial, Russell has 24+ years of distribution finance experience within all industries that Northpoint serves.  In addition to Russell’s leadership duties, Russell will also cover the states of North Carolina, South Carolina and Georgia.

Milt Kirk, Director of Business Development, is based in Maine and has 29+ years of business development / floor plan finance experience with companies such as International Harvester, Borg Warner, Bombardier, and Textron Financial. Milt will cover the states of Maine, New Hampshire, Vermont, New York, Massachusetts, Rhode Island, Connecticut, New Jersey, Pennsylvania, Delaware, and Maryland.

Jim Regan, Director of Business Development, is based in Alabama and has 25+ years of floor plan finance experience in credit, operations and sales with companies such as ITT, Borg Warner, Bombardier, GE, and Textron Financial.  Jim will cover the states of Alabama, Tennessee, Arkansas, Louisiana, Mississippi, and Florida.  

Tommy Fox, Director of Business Development, joins Northpoint later this month and will be based in the Cincinnati area.  Tommy has 20+ years of business development / floor plan finance experience with companies such as ITT, Green Tree, Vanderbilt Mortgage, Textron Financial, and Textron (Jacobsen).  Tommy will cover the states of Ohio, Michigan, Wisconsin, Illinois, Indiana, Missouri, Kentucky, West Virginia, and Virginia. 

Richard Molyneux, Director of Business Development, joins Northpoint later this month and will be based in Arizona.  Richard has 32+ years of floor plan finance experience in credit, operations and sales with companies such as ITT, Green Tree, GE, and Textron Financial.   Richard will cover the states of Arizona, Southern California, New Mexico, Texas, Oklahoma, and Kansas.  

Jeff Olander, Sr. Director of Business Development, is based in Nevada.   Most recently, SVP with Textron Financial, Jeff has 29 years of sales management and business development experience with companies such as ITT, Green Tree and Textron Financial.  Jeff will cover the states of Nevada, Northern California, Oregon, Washington, Idaho, Montana, Utah, Colorado, Wyoming, Nebraska, South Dakota, North Dakota, Minnesota and Iowa. 

As a primary or supplemental financing option, Northpoint’s sales team, along with the entire Northpoint team based in Alpharetta, Georgia, will strive diligently and respectfully to meet the financing needs of retailers and dealers in every possible way; with the primary goal of providing credit lines supported by competitive programs, a state of the art on-line account management system – all administered in a friendly and “easy to do business with” approach.

Northpoint Commercial Finance LLC, is based in Alpharetta, GA, is a newly formed diversified inventory finance company which partners with manufacturers, distributors and dealers to provide financing solutions for their distribution channels. Led by Chief Executive Officer Dan Radley and a team of seasoned executives, Northpoint provides commercial loans for distributors and dealers to a variety of industries throughout the United States. The Company is majority owned by certain affiliates of Perella Weinberg Partners’ Asset Based Value strategy. Website: www.northpointcf.com








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