Haversine Expands Team and Further Bolsters Experience with Another Senior Hire

Cheryl Mayo, CAEF Joins the Company as Director, Portfolio Manager

Dallas, Texas. – August 12, 2021 – Haversine Funding, a leading provider of alternative financing solutions, today announced the hiring of Cheryl Mayo to serve as director, portfolio manager for factoring and ABL client lenders. The company’s recent hires further support Haversine’s commitment to cultivating and deploying alternative financing solutions within the specialty finance space.

“We are super excited to welcome Cheryl Mayo to our growing team to help support our clients evolving needs. She is highly experienced in factoring and asset-based lending and will be a tremendous resource for our lending clients,” said Gen Merritt-Parikh, president, Haversine Funding.

In her role as director, portfolio manager, Cheryl Mayo will be responsible for overseeing the account management, operational compliance, and ongoing relationships with our factoring and asset-based lending clients. She brings more than 25 years of factoring and asset-based lending experience. Prior to joining Haversine, Mayo was a senior account executive with Allied Affiliated Funding, a division of Axiom Bank, and the operations manager for USA Funding Ltd, a factoring division of Fidelity Funding Financial Group. She was one of the first in the factoring community to receive the Certified Account Executive in Factoring (CAEF) certification from the International Factoring Association. Mayo holds a bachelor’s degree from Ball State University and has additional continuing education courses through Southern Methodist University for business law and legal research.

About Haversine Funding

Haversine Funding helps asset-based lenders, factors and other finance companies fill funding gaps. The company provides specialty finance companies flexible and affordable funding solutions to address concentration issues and support loan portfolio expansion. Ultimately this helps small-and-medium sized private companies across the U.S. secure the debt capital they need to thrive. For its investors, Haversine Funding is unique in that it provides direct access to the attractive risk-adjusted returns of private commercial lending. https://www.haversinefunding.com/