- Clarus Capital, a New Commercial Finance Company, Launches with $300 Million Commitment from BharCap Partners
- Ares Commercial Finance Adds Managing Director to its Origination Team
- Context Business Lending Announces New Co-Chief Credit Officers and Risk Management Executive Talent to Support Their Exponential Growth and New Approach to Specialty Finance Asset-Based Lending (ABL)
- PNC Bank Further Expands Regional President Model In California, Names Leaders For Orange County-Inland Empire, Greater Los Angeles Metropolitan Area
- Ashton Laborde Promoted to COO of Cash Flow Resources, LLC (CFR)
CIBC Welcomes Nathan Love to U.S. Asset-Based Lending Team
July 1, 2020
Source: CIBC
CIBC today announced it has expanded its U.S. asset-based lending capabilities in Buffalo, NY, naming Nathan Love Managing Director of Business Development.
“We know that as the world changes, the needs of U.S. middle market businesses do too. And a company’s best assets aren’t always necessarily reflected on a balance sheet,” said Bruce Denby, Group Co-Head of Asset-Based Lending at CIBC Bank USA. “With Nathan’s relationship-based approach to asset-based lending, we look forward to continuing to build tailored banking partnerships with more clients across Ohio, Michigan, Western Pennsylvania and New York.”
Love joins CIBC from PNC Business Credit, where he served as Senior Vice President, Business Development. In this role, he handled business development of Asset-based loans for middle market companies experiencing growth or business transition. At CIBC, Love will focus on origination in the Great Lakes region, continuing to provide creative solutions to family-owned or sponsor-backed, middle market companies.
About CIBC
CIBC (NYSE: CM) (TSX: CM) is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients. CIBC offers a full range of advice, solutions and services in the United States, across Canada and around the world. In the U.S., CIBC Bank USA provides commercial banking, private and personal banking and small business banking solutions and CIBC Private Wealth offers investment management, wealth strategies and legacy planning. Visit us at cibc.com/US.
For further information:
Media Contact: Amy Yuhn, Head of Communications, CIBC U.S. Region, 312-564-1378 or Amy.Yuhn@cibc.com.
In This Section