Daily News: May 15, 2013

Locher Joins Presidential Financial as SVP, BDO

Presidential Financial announced that Mark J. Locher joined the company as senior vice president, business development officer. He will operate out of Los Angeles.

Locher’s 20-year ABL and commercial finance experience includes senior origination positions with NewStar Business Credit, ORIX Leveraged Finance and BMO Capital Markets. He also previously held lending and origination positions with Heller Financial’s Corporate Finance Group, GE Capital’s Merchant Banking Group and National Bank of Canada.