Daily News: November 12, 2013

Mackinac Commercial Credit Names Chief Lending Officer, VPs

Mackinac Commercial Credit, an asset-based lending firm that specializes in working capital lines of credit from $200,000 to $4 million and lends nationwide to firms in transition has announced the following appointments:

Edward Lewan to EVP chief lending officer — Lewan will coordinate all new business efforts with MCC’s regional VP’s and lead underwriting and closing of new loans. He will also oversee the credit area of Mackinac. Lewan previously spent more than 12 years with Greenfield Commercial Credit and was president prior to its acquisition. Prior to Greenfield, Lewan was VP in commercial lending with Huntington National Bank and Michigan National Bank.

Michael Gallagher to regional vice president – Midwest — Gallagher is an industry veteran who is based in Chicago and will cover the Midwest for MCC. Gallagher will primarily cover Illinois, Indiana, Ohio and Western Pennsylvania. He was previously with Greenfield Commercial Credit along with Gibraltar Business Capital.

Stephen Reichmuth to regional vice president – Southwest — Reichmuth is also an industry veteran with over 30 years of experience, is based in Dallas and will primarily cover Texas and surrounding states. Reichmuth was previously with Greenfield Commercial Credit, Bank of America, JPMorgan Chase and RBC.