Capital One Adds Eight Sales Officers to Equipment Finance Business
Capital One Bank announced a major expansion of its Equipment Finance business, with the appointment of eight new sales officers. The new team members average more than 20 years of experience in equipment leasing and financing, bringing vast knowledge and specialized expertise across a variety of industries. The Equipment Finance team is led by Dan McKew, Senior Vice President, Capital One Bank.
These new professionals join a team that is rapidly assuming a leading role in the market, by providing tailored financing solutions for equipment purchases, including industry-specific equipment and new or used equipment, or refinancing of existing equipment. Capital One Bank’s solutions offer competitive terms and pricing, including term loans, finance leases, tax leases, and terminal rental adjustment clause (TRAC) leases with a focus on transactions that range from $500,000 to $50,000,000.
“We are fortunate to be joined by these experienced and highly regarded professionals,” said Dan McKew. “Our clients look to us for industry expertise and solutions that meet their unique needs, and the equipment financing team is well positioned to meet these challenges and help drive superior performance for our clients.”
“As the demand for financing increases, we see tremendous opportunities ahead of us, and we have put together a best-in-class organization to deliver exceptional value to our clients,” said Dean Graham, President of Commercial and Specialty Finance, Capital One Bank. “These industry veterans reflect our commitment to providing the best solutions and capabilities in this industry, and also demonstrate the national scope of Capital One Bank’s Commercial and Specialty Finance business.”
The new team members, all Vice Presidents in the Equipment Finance group, include:
- Joe Houston - Joe brings 28 years of experience in the energy sector to the team and most recently worked at SunTrust Equipment Finance & Leasing Corp. He is based in Atlanta, GA and will be responsible for clients in Texas and Georgia.
- Jim Class - Jim has 32 years of experience in funding aircraft, construction, manufacturing, medical, technology, and transportation assets. He joins the Capital One Bank team from SunTrust Equipment Finance & Leasing Corp. Jim will be responsible for clients based in Austin, Houston, San Antonio and North Texas.
- Greg Kealey - Greg has 19 years of experience in the equipment finance industry, in vendor financing, transportation, aircraft, furniture, fixtures and equipment (FF&E) and technology. He joins the Capital One Bank team from TD Equipment Finance, Inc. and is based in Jupiter, FL. Greg will focus on the Southeast and Florida markets.
- David Zgrabik - David brings 35 years of equipment finance experience, expertise in direct origination, syndications and credit analysis. He joins Capital One Bank from SunTrust Equipment Finance & Leasing Corp. and is based in Dublin, OH. David will be responsible for direct originations in Ohio, Michigan, Kentucky and Western New York.
- Jerry Herrmann - Jerry has 30 years of experience in the equipment financing industry, specifically within the construction, manufacturing, over-the-road, rail and air transportation sectors . He joins from SunTrust Equipment Finance & Leasing Corp. and is based in New York. He will be responsible for Capital One Bank’s clients in Long Island, New York and across New England.
- Tom Auchincloss – Tom brings in 30 years of experience in the equipment leasing industry. He joins Capital One Bank from SunTrust Equipment Finance & Leasing Corp. and is based in Chevy Chase, MD. He will be covering the metro Washington, D.C. area, with a focus on the healthcare sector.
- Mark Trollinger – Mark has 25 years of experience in the equipment finance industry, in syndications, third-party originations, underwriting, documentation, asset management, structuring and marketing. He joins from First Union Equipment Finance and is based in Charlotte, NC. Mark will be responsible for covering third-party originations and syndications.
- Jim Pontier – Jim brings more than 20 years of experience in the equipment leasing industry. He joins Capital One Bank from SunTrust Equipment Finance & Leasing Corp. and is based in Towson, MD. He will be responsible for third party transactions on the buy and sell side.
They join an experienced and high-performing team that includes:
- Edward Stack, covering the Pennsylvania, Eastern Ohio, West Virginia and Western Maryland areas.
- Dale Craig, covering portions of the mid-Atlantic region.
- William Dridge, responsible for Texas, Oklahoma and Arkansas.
- Francis Meche, focused on coverage for Louisiana.
- Robert Vandervalk, covering New Jersey.
Capital One Bank’s Commercial and Specialty Finance Business serves clients through a team of more than 200 associates who have expertise in technology, healthcare, security and defense, asset based lending, rediscount finance, municipal finance and equipment leasing and finance. Capital One Bank’s Commercial Business leverages a relationship-based banking model that seamlessly delivers an array of products and services including loans and deposit accounts, treasury management services, merchant services, investment banking, international services and correspondent banking.
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