The Secured Lender - September 2017

Daniel;Rodrigue;Rejoins;Bibby
Financial;Services;(BFS);North
America

Daniel Rodrigue has rejoined the company as National head of sales for Factoring and Transportation for the U.S. market, a significant step toward executing BFS’s strategic growth plan.

Rodrigue previously served as BFS’s head of sales for the Southeast region until 2013. He brings nearly two decades of experience driving sales for various financial platforms. Most recently, Rodrigue served as national sales director of TAB Bank, where he was responsible for building their national sales team, including a focus on transportation companies. Previously, he oversaw sales staff and deal production for First Growth Capital’s factoring and asset-based lending divisions.

“We are excited to have Daniel back
at BFS where his wealth of industry
knowledge and experience will be
invaluable in driving our business
development efforts,” said Ian Watson,
CEO of BFS North America. “He will
build on the excellent momentum
achieved by our sales teams this year
as we continue to expand and grow
our market leadership in factoring and
transportation.”
In addition to working closely with
BFS North America’s executive leader-
ship to grow factoring and trans-
portation business lines nationally,
Rodrigue will also oversee the expan-
sion of the company’s regional sales
presence in the U.S. BFS is committed
to supporting small and medium-sized
businesses throughout North America
by expanding access to the financing
and back-office support they need to
successfully operate and grow.

Sean Flannery and Ronnie Stokes
were appointed as corporate man-
agers for the North of England and
Scotland, respectively, as it looks to
ment to Crystal Financial and are
confident in the seamless transition
that will occur, given Mike and Steve’s
long-standing tenure and industry
expertise.”
Crystal Financial LLC, a portfolio
company of Solar Capital Ltd. is an
independent commercial finance
company that provides senior and
junior secured loans for both asset-
based and cash flow financings to
middle-market companies. www.
crystalfinco.com.

Howard;Moore;Joins;Dwight
Funding

Howard Moore has joined the firm as director of business development. In this position, Moore will be responsible for maintaining and strengthening relationships with bank partners, other finance companies, referral sources and clients directly.

Moore brings over 10 years of experience in business development and SMB lending. Prior to joining Dwight Funding, Howard was responsible for business development at Rosenthal and Rosenthal and for originating and structuring asset-based lending, factoring, and purchase order financing transactions. Prior to that, he has held similar roles at other large and boutique commercial finance companies.

“We are very excited to have Howie join our team. Howie’s extensive experience and network will help build on the success we have seen in the consumer products market,” states Ben Brachot, managing director at Dwight Funding. “Howie shares a passion for funding early-stage and growth-stage businesses which makes him a great addition to the team and amplifies the efforts of the group.”

Crystal;Financial;Announces
Ward;Mooney’s;Retirement;and
Co-CEO;Promotions

Crystal Finance LLC announced that its CEO, Ward K Mooney, plans to retire at the end of December 2017. Upon his departure, Michael L Pizette, chief credit officer, and Steven Migliero, senior managing director, will serve as co-CEOs responsible for the management and operations of the firm.

Mooney will continue to serve on Crystal’s board of managers as well as a managing member of Crystal SBIC GP LLC.

Crystal was established in 2006 and, since inception, it has sourced, underwritten and managed over $20 billion of secured debt financings for middle-market businesses. Crystal was acquired by Solar Capital Ltd.

(NASDAQ:SLRC), a publicly traded business development company, in December 2012.

Mooney has been involved in the financial services industry for 45 years. In 1992, he joined Gordon Brothers and founded GBFC, a specialty commercial finance company focused on asset-based financing to retailers.

GBFC became the leading secured financing source for the retail industry and in 1996, GBFC was purchased by Bank of Boston. In 1998 while at Bank of Boston, Mooney co-founded Back Bay Capital a direct lending fund dedicated to underwriting second lien debt. In 2006, he co-founded Crystal Financial along with Pizette. During his career Mooney has served on many public and nonprofit boards including: President and Chairman of the Turnaround Management Association (TMA), Beth Israel Deaconess Hospital (finance committee), the American Repertory Theater, the Newport Festival Foundation (NFF) and Destination XL Group (DXLG).