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SFNet's The 81st Annual Convention Issue
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August 22, 2023
Source: Legacy Corporate Lending, LLC
PLANO, TX – August 22, 2023 – Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced that Terrance McKinney has joined the firm as Executive Vice President of Portfolio
Management. Mr. McKinney will be based in Plano, TX and will be responsible for ensuring all new and existing transactions are maintained in compliance with the firm’s Portfolio Management Guidelines and Credit Policies.
Mr. McKinney brings to Legacy more than 30 years of asset-based lending and commercial finance experience. Most recently, he served as Senior Vice President and Asset Based Portfolio Specialist at Bank of America Business Capital. He previously held portfolio management roles at PNC, Wells Fargo, SouthTrust Bank, and Ft. Wayne National Bank.
“We are thrilled to welcome a talented and experienced executive of Terry’s caliber to the team at this exciting time for Legacy,” said Lawrence Ridgway, COO of Legacy. “Terry’s deep ABL industry and portfolio management expertise makes him the perfect person to bolster our Portfolio team and we look forward to his important contributions as we continue to grow our portfolio.” Legacy Corporate Lending launched as a new ABL firm in May 2023 with support from Bain Capital Credit, L.P.
About Legacy Corporate Lending
Legacy Corporate Lending is an independent asset-based lending company providing revolving lines of credit and term loan commitments up to $40 million in transaction size. Legacy provides direct financing to middle-market companies, private and public companies, across a wide spectrum of industries including automotive, business services, consumer products, distribution & wholesale, e-commerce & retail, food & beverage, manufacturing, transportation & logistics. Legacy Corporate Lending is a portfolio company of Bain Capital Specialty Finance, Inc. and Bain Capital Private Credit, which are externally managed by BCSF Advisors LP, an SEC-registered investment advisor. For more information, visit legacycorporatelending.com.
Media Contact:
Scott Lessne
Stanton
(646) 502-3569
slessne@stantonprm.com
Management. Mr. McKinney will be based in Plano, TX and will be responsible for ensuring all new and existing transactions are maintained in compliance with the firm’s Portfolio Management Guidelines and Credit Policies.
Mr. McKinney brings to Legacy more than 30 years of asset-based lending and commercial finance experience. Most recently, he served as Senior Vice President and Asset Based Portfolio Specialist at Bank of America Business Capital. He previously held portfolio management roles at PNC, Wells Fargo, SouthTrust Bank, and Ft. Wayne National Bank.
“We are thrilled to welcome a talented and experienced executive of Terry’s caliber to the team at this exciting time for Legacy,” said Lawrence Ridgway, COO of Legacy. “Terry’s deep ABL industry and portfolio management expertise makes him the perfect person to bolster our Portfolio team and we look forward to his important contributions as we continue to grow our portfolio.” Legacy Corporate Lending launched as a new ABL firm in May 2023 with support from Bain Capital Credit, L.P.
About Legacy Corporate Lending
Legacy Corporate Lending is an independent asset-based lending company providing revolving lines of credit and term loan commitments up to $40 million in transaction size. Legacy provides direct financing to middle-market companies, private and public companies, across a wide spectrum of industries including automotive, business services, consumer products, distribution & wholesale, e-commerce & retail, food & beverage, manufacturing, transportation & logistics. Legacy Corporate Lending is a portfolio company of Bain Capital Specialty Finance, Inc. and Bain Capital Private Credit, which are externally managed by BCSF Advisors LP, an SEC-registered investment advisor. For more information, visit legacycorporatelending.com.
Media Contact:
Scott Lessne
Stanton
(646) 502-3569
slessne@stantonprm.com
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