Daily News: August 12, 2014

ExpoCredit Hires Butterly as New SVP/BDO

The appointment of Michael D. Butterly as ExpoCredit’s new SVP business development officer was announced by Carlos Escobar, president of the specialty finance firm headquartered in Miami. Based out of ExpoCredit’s recently opened offices in Atlanta, Butterly will cover the Southeast U.S. and Mid-Atlantic for the fast-growing firm, which specializes in providing working capital financing to domestic and international companies in need of immediate cash-flow.

Butterly brings to his new position, more than 30 years of progressive experience in sales and sales management, hiring and training, budget creation, financial analysis, and customer relations. Before joining ExpoCredit, he was the VP & BDO of asset-based lending for Summit Financial Resources in Atlanta, ranking as a Top Five volume leader in 2012. Prior to that, he held the position of VP of asset based lending for Presidential Financial, also in Atlanta. Here, he ranked second in total fee income and earned the Presidential Sales Award for Outstanding Sales Volume for two consecutive years. For 14 of his 16 years with the firm, he consistently ranked first, second or third in sales volume.

“I am excited to leverage my skills and years of experience to advance the goals of this innovative company,” says Butterly. “ExpoCredit is growing fast, based on their solid reputation for quality service and for developing financial products that meet the needs of today’s small to mid-sized business. This is an opportunity to contribute to the success, not only of ExpoCredit, but also of ExpoCredit clients.”

His extensive financial industry background includes management and senior level positions with Atlanta’s Chrysler Capital Corporation, Landmark Banking, Chase Commercial, Chemical Business Credit and the Citizens and Southern National Bank.

“Mike is a very seasoned, highly talented senior VP and business development officer,” says Tyler V. Grady, the company’s EVP and chief marketing officer. “He will play a crucial role in extending ExpoCredit’s footprint and in broadening our customer base throughout the Southeast and Mid-Atlantic regions. His solid experience in business development, leadership, and teamwork will definitely accelerate our plans for growth.”