Signature Financial announced the appointment of Pat Patterson to the post of Executive Sales Officer, expanding its direct equipment finance sales network to 22 professionals nationwide.  Patterson will focus on expanding Signature Financial’s equipment finance presence within the Louisiana and Mississippi markets.

Patterson has dedicated more than three decades to serving the construction, energy and transportation industries in Louisiana and Mississippi.  Most recently, he was Senior Territory Sales Manager at Element Financial, a Canadian-based equipment finance company, where he worked directly with construction equipment dealers and end-users.  Prior, he was District Manager at Equify Financial, an independent equipment finance company.  In this capacity, Patterson was responsible for sales of finance and leasing products directly to trucking, industrial and construction equipment end-users and dealers.  Earlier, as District Sales Manager for Volvo Financial Services, he supported the Volvo Construction dealer network through the sales and marketing of finance and leasing products for construction equipment.  Prior, he spent 27 years as District Sales Manager for Associates/CitiCapital Commercial Corp., overseeing sales of finance and leasing products to dealers and end-users in Louisiana and Southern Mississippi. 

“We continue to attract seasoned sales executives throughout the country as Signature Financial expands its brand and presence within the equipment finance industry.  These finance veterans appreciate Signature Financial’s client-centric execution, which leverages our efficient relationship-based approach to lending,” noted Walter Rabin, President and Chief Executive Officer at Signature Financial. 

“By strategically establishing a presence in key geographic markets, we are better positioned to provide a range of finance services nationwide.  Pat’s appointment is a perfect example of this as the Louisiana territory was a key growth market we had already identified.  Finance sales veterans like Pat are bringing niche lending experience and long-standing relationships to Signature Financial.  Pat has spent his entire career serving the construction and trucking industries, and we are pleased to add his expertise to our professional portfolio,” Rabin added.

Patterson, a life-long resident of Louisiana, will be based in Metairie, La., where he lives.