TSL Express Daily News

Haversine Funding
14555 Dallas Parkway
Suite 100-313
Dallas, Texas 75254
www.haversinefunding.com/

In 2018, Stan Vukmer launched Haversine Funding to fulfill a one-stop solution and marketplace need for commercial specialty finance companies to grow their lending platforms. The demand from SME borrowers has never been greater, and the potential for your specialty finance firm's growth is massive.
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Initially, we launched a participation program to help lenders “win” and retain clients, reduce concentrations, and take on larger transactions to build their portfolio at a faster scale. By 2021, we added in more funding solutions for factors and lenders – senior lines of credit and subordinated debt (junior lines of credit). Having multiple financing options available allows commercial specialty lenders to access capital throughout the various growth phases of their business, from early stage to growing to mature platforms.

Today, we now also provide selective growth capital for funding acquisitions or buyouts.

Within this widely fragmented and highly competitive industry, Haversine Funding can provide the edge you need to succeed in almost any stage of your finance company. And, we do not provide direct loans to commercial borrowers, so we are non-competitive to your business. We also have the expertise to understand your needs and quickly underwrite opportunities. In fact, it’s our team that makes us truly unique as we’ve worked in the space as lenders for decades.

SFNet Member Director, Gen Merritt-Parikh



Gen Merritt-Parikh is the President of Haversine Funding.  With more than 25 years of experience in commercial finance, she is responsible for originations, underwriting, investment analysis, and management and asset allocation strategy. In 2018, as President of Allied Affiliated Funding, she led the company to a successful sale to a nationally chartered bank. Previously, Gen worked in the factoring and asset-based lending space with companies including Liquid Capital, Comresco Capital and Guaranty Business Credit. She holds a Bachelor of Arts degree in Business and Economics from the University of Texas at Dallas, serves on the Factoring Committee for the Secured Finance Network (SFNet) and holds the Subject Matter Expert designation by the International Factoring Association, having helped develop the first factoring certification program for the industry. She was recognized by the ABF Journal as one of the top women in ABL for 2022 and by SFNet in 2019 as one of the noted women in commercial finance and was a member of Vistage for over seven years. She joined Haversine Funding in 2020 and resides in the Dallas metroplex with her husband.