Daily News: April 1, 2014

Industry Veterans to Lead Aegis Business Credit

Aegis Business Credit announced Michael Skat and James McArthur joined as managing directors.

Skat’s primary role will include oversight of back office operations and compliance. McArthur will focus on business development and strategic partnerships. In addition, Jill Alvarez was promoted to managing director. Her responsibilities will include managing credit and underwriting functions. All three will serve on the credit committee and together will comprise Aegis’ senior management team.

Skat and McArthur each have more than 25 years of business experience including asset-based lending, factoring, finance, commercial banking and turnaround management. Alvarez has 15 years in commercial lending including risk and portfolio management, credit and underwriting

Barbara Wilhelm, a veteran of 15 years in back office operations for Aegis, was promoted to VP of Operations.