Blue Bridge Financial, a leading national provider of equipment financing, has announced several new additions to its national sales and management team. In total, seven seasoned specialty finance veterans have joined the company, adding specializations in key industry verticals, including recreational vehicle financing, marine financing, manufactured housing and commercial agriculture.
Leading the new business development team as Managing Director of Business Development is Ed Arienti, a seasoned specialty finance veteran. During a 36 year career working for banks and specialty finance companies, Arienti has been a leader in middle market commercial lending and direct/indirect consumer lending. His experience spans product management, strategic planning, sales/sales management, risk management, credit operations, and P&L management. He has run specialty finance businesses for Bank of Boston, Deutsche Bank, E*TRADE Financial, GE Capital, and Ally Financial. In addition to leading these dynamic operating businesses, Ed has executed on over $7 billion in whole loan sales.
Under the direction of Arienti will be Jim Hofbauer as Director of Manufactured Housing and Park Model Financing, Dennis VanLeeuwen as Director of Industrial, Commercial and Agricultural Financing, Carl Calhoun as Director of Marine Financing, Mark Ranstadler as Director of Powersports and Trailer Financing and Keith Boudreau as Director of Technology Financing. Also joining the team as Director of Recreation Vehicle Financing, Dave Carroll will report to Blue Bridge Financial’s Chief Credit officer Rob Snow.
“We welcome Ed and his seasoned team to Blue Bridge Financial and are excited about the introductions that they will provide to us in complementary market verticals to those that we specialize in today,” said CEO Mark DeBacker. “The expected deal flow from the new team will continue to expand Blue Bridge’s penetration into to the small to middle-market equipment finance market and deploy capital to allow small businesses to expand and access the specialty finance solutions necessary to facilitate their growth.”
For more info: www.bbfequipmentfinance.com.