TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
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July 31, 2025
Source: Flagstar Bank
Flagstar Bank has named Vince Belcastro as senior vice president and head of Portfolio for its Asset Based Lending (ABL) division, marking his return to the ABL industry after several years in private equity-backed advisory roles and a variety of Group Head roles in the equipment finance industry.
Belcastro will lead Flagstar’s ABL Portfolio Risk Management group, reporting directly to Robert Love, group director of Asset Based Lending.
“I am happy to announce that I am returning to the asset-based Lending industry and excited to be back working in this sector,” Belcastro posted on LinkedIn. I am looking forward to this next chapter and reuniting with friends and colleagues that I have known for most of my career!”
Love welcomed Belcastro with enthusiasm: “I am excited to welcome Vince Belcastro to Flagstar Bank as senior vice president and head of Portfolio, Asset Based Lending. Reporting to me, Vince will lead the ABL Portfolio team.”
“Vince’s personality, enthusiasm, and experience partner well with the growth initiatives of the ABL group. It is a pleasure to have him aboard,” Love added.
Belcastro has more than 35 years of experience in asset-based lending, specializing in middle-market and large corporate lending, portfolio risk oversight and business platform development. He most recently served as head of Portfolio Management at Camley Advisors, where he worked with four private-equity-owned companies across sectors including manufacturing, machine tools, government contracting, and healthcare.
His prior leadership roles include positions at Element Fleet Finance where he was head of Capital Markets and grew that business from $600MM per annum of sell side to nearly $3 Billion in 4+ years. Santander Bank as group head of Equipment successfully growing a de novo platform to $3.5+ billion, and CIT Group where he served in a variety of senior leadership roles in his 15-year tenure. Vince has also served on a variety of industry-related boards.
