Daily News: January 7, 2015

NewStar Business Credit Hires Teszler

NewStar Business Credit hired David Teszler as an SVP in its Atlanta office. Teszler will be responsible for generating new asset-based financing opportunities with middle market companies in the Southeast, adding to NewStar’s marketing and origination efforts in the region.

Teszler has more than 29 years of experience originating, restructuring and managing debt financings for middle market firms. Prior to joining NewStar, he was a principal and co-founder of Commenda Securities, a broker-dealer focused on providing growth capital to small and mid-sized companies. Teszler’s prior experience included similar positions at Textron Financial, Wells Fargo and Finova Capital.

“I am excited to join the NewStar team and to help the firm continue to grow its asset-based lending business in the Southeast. I am looking forward to being a part of a strong organization with a great product offering and an experienced team of lenders.”

“David is a great addition to our origination efforts in the region,” said Milton Iskra, EVP and national marketing manager for NewStar. “He adds depth to our team with a valuable combination of marketing coverage, credit skills and deal execution experience.”