Sterling Bancorp, through its principal subsidiary, Sterling National Bank, announced it has entered into a definitive agreement to acquire Advantage Funding Management, a provider of commercial vehicle and transportation financing services....
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March 07, 2018, 07:30 AM
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Advantage Funding has named Joseph Deriu as the company’s new chief operating officer. Deriu’s background is in high-production, technology-enabled environments. At First Data Corporation, he was the vice president leading technology-strategy and...
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April 27, 2017, 06:54 AM
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Advantage Funding has named Lisa Lersner as CEO and President. She brings more than 25 years of financial services experience to the post. Lersner most recently held the role of CFO of CapitalSpring, a registered investment advisor with both a...
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February 13, 2017, 07:17 AM
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Advantage Funding, announced the hiring of Scott Burnett to broaden sales in the company’s Class-8, vocational-truck and tow-truck financing business. As Regional Sales Manager, Burnett will handle accounts in South Florida, portions of North Florida...
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December 02, 2016, 07:00 AM
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Advantage Funding announced that Chris Zeller will serve as Central Representative for Jerr-Dan Financial Solutions (JDFS). Jerr-Dan Corporation and Advantage Funding announced the new finance and leasing program earlier this month. Through JDFS...
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November 23, 2016, 06:47 AM
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Advantage Funding announced the addition of Todd Chase to its growing sales force. Chase will serve as a Sales Manager of the company’s Vocational Truck business, specializing in tow-truck financing.“Todd brings a lifetime of industry experience as...
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November 21, 2016, 07:00 AM
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Jerr-Dan Corporation, an Oshkosh Corporation Company and a leader in the towing and recovery business, has introduced its first-ever financing program, Jerr-Dan Financial Solutions (JDFS). Through this program, distributors can now provide financing...
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November 17, 2016, 07:11 AM
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Advantage Funding announced a new partnership with Road America, a leading independent provider of roadside assistance services throughout the U.S., Canada, Puerto Rico and the U.S. Virgin Islands.“Road America and Advantage Funding are partnering to...
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November 18, 2015, 07:00 AM
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Advantage Funding announced the addition of Janet Cooksey to its growing truck- finance sales team reporting to Carol Dmytriw, National Sales Manager. Cooksey will serve as Regional Sales Manager, capitalizing on her transportation financial services...
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October 20, 2015, 07:10 AM
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Advantage Funding announced the hiring of Michael “Mike” Kendro to its growing sales team. Kendro will serve as Regional Sales Manager, handling vocational sales in the company’s Southeastern Region. “Mike will deepen our sales presence and servicing...
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September 09, 2015, 07:25 AM
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Advantage Funding, a leading provider of U.S. ground transportation financing and leasing solutions, announced today that the planned acquisition by Macquarie Group Limited officially closed July 31, 2015. Advantage Funding serves commercial and...
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August 04, 2015, 07:10 AM
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Advantage Funding announced it has named Mark Bonanno as Chief Finance Officer. A veteran finance professional with more than 25 years of experience, Bonanno assumes the position previously held by Al Damiani, who was named CEO of the company in...
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June 19, 2015, 07:15 AM
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Advantage Funding, Inc., announced the addition of two more professionals to its growing sales team. Along with Dan Morgan, Robert Hartshorn will handle vocational sales in the company’s New England Region. Dino Bordignon will manage vocational sales...
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June 11, 2015, 07:14 AM
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Macquarie Group Limited announced that it has entered into an agreement to acquire Advantage Funding Management Co., Inc (Advantage Funding) from Marubeni America Corporation. Under the agreement, Advantage Funding will become a fully owned...
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May 15, 2015, 07:05 AM
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Advantage Funding, a subsidiary of Marubeni America Corporation since 2006, recently announced an ownership transition agreement. The agreement gave Marubeni, a multi-national, multi-billion-dollar Japanese trading company, full ownership of the...
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February 26, 2015, 07:07 AM
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Advantage Funding has added two regional sales managers to its growing Vocational Truck Division. Fred Clauhs will head the firm’s Mid-Atlantic Region, working directly with customers and vendors to build relationships and structure transactions...
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October 15, 2014, 07:00 AM
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Advantage Funding has named Carol M. Dmytriw National Sales Manager of the company’s growing Vocational Truck Division. Dmytriw will lead and expand the Division’s national sales team and oversee continued growth of the company’s portfolio. “We’ll do...
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August 05, 2014, 06:40 AM
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Advantage Funding announced that it has a non-captive structured financing program in place with MCI Sales and Service, Inc. (“MCI”). The objective of Advantage’s program is to provide MCI with a strategic, reliable funding partner to finance and...
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February 07, 2012, 07:00 AM
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