PEAC Solutions has tapped an industry expert for a newly created role. Robert Mercogliano, an industry veteran with over 30 years of experience, has been hired as Senior Vice President, Head of Asset Management. Mercogliano will be responsible for developing the asset management strategy and remarketing efforts to better support fair market value leasing and residuals for PEAC.

“I am thrilled to have Bob join our team,” said Tom Lyle, COO of PEAC Solutions. “Bob brings a wealth of experience in all asset classes and will help build our offerings in Construction, Transportation and Industrial (CT&I), Healthcare, Office Equipment, and Direct.”

Mercogliano comes to PEAC from the heavy equipment online auction company, Bidadoo.

On the new position, Mercogliano said, “Under the new senior management team with decades of experience, I’m excited to join the PEAC family. The direction that the company has been heading is one that I think will open doors for a lot of potential and growth. Focusing on assets themselves, rather than a traditional selling model, is going to help PEAC soar to new heights as a best-in-class global equipment finance solutions provider, and I'm glad that I get to be part of it.”

PEAC Solutions, formerly Marlin Capital Solutions, has been a provider of capital solutions for small businesses across the United States for 25 years. In addition to supporting small business owners, PEAC offers financing programs to equipment manufacturers, distributors, dealers and others. PEAC UK and PEAC Europe are independent providers of asset financing across Europe and the UK, servicing large corporations as well as small and medium-sized businesses. They provide leasing solutions across a broad range of asset classes, from business equipment to plant and heavy machinery.