Non-bank financier Capital Business Credit (CBC), has made two appointments to expand its Los Angeles and Charlotte offices.
Matt Piccolo and Katherine Griffin both join the company as senior account executives/vice-presidents in the Los Angeles and Charlotte offices, respectively. They will manage and underwrite a portfolio of lending and non-lending clients and be responsible for growing CBC’s factoring, trade finance and asset-based lending customer base.
Piccolo, whose 30-year factoring career includes positions at Continental Business Credit, Congress Talcott and Republic Factors, will report to Tri Sciarra, executive vice-president and Los Angeles regional manager.
Griffin will report to Malcolm Ferguson, executive vice-president and Charlotte regional manager. She was previously a vice-president at CIT Group, in charge of factoring account management, after starting her career as a collateral analyst with CIT Business Credit.
Andrew Tananbaum, executive chairman of CBC, says: “Matt and Katherine’s extensive and impressive experience in commercial finance will be essential to the growth of the factoring and asset-based lending customer base in the Los Angeles and Charlotte markets. These appointments are a significant step in CBC’s regional growth, and I look forward to further expanding our presence in each city.”