Daily News: June 19, 2012

Northpoint Commercial Names New Sales Team


Northpoint Commercial Finance LLC, a diversified inventory finance company, announced its new sales team.

Russell Baqir, VP of Sales, is leading Northpoint’s sales team and is based in the Alpharetta, Georgia headquarters. Most recently Marine Division president of Textron Financial, Baqir has 24-plus years of distribution finance experience within all industries that Northpoint serves. In addition to his leadership duties, Baqir will also cover the states of North Carolina, South Carolina and Georgia.

Milt Kirk, director of Business Development, is based in Maine and has 29-plus years of business development/floor plan finance experience with companies such as International Harvester, Borg Warner, Bombardier and Textron Financial. Kirk will cover the states of Maine, New Hampshire, Vermont, New York, Massachusetts, Rhode Island, Connecticut, New Jersey, Pennsylvania, Delaware and Maryland.

Jim Regan, director of Business Development, is based in Alabama and has 25-plus years of floor plan finance experience in credit, operations and sales with companies such as ITT, Borg Warner, Bombardier, GE and Textron Financial. Regan will cover the states of Alabama, Tennessee, Arkansas, Louisiana, Mississippi and Florida.

Tommy Fox, director of Business Development, will join Northpoint later this month and will be based in the Cincinnati area. Fox has 20-plus years of business development/floor plan finance experience with companies such as ITT, Green Tree, Vanderbilt Mortgage, Textron Financial and Textron (Jacobsen). Fox will cover the states of Ohio, Michigan, Wisconsin, Illinois, Indiana, Missouri, Kentucky, West Virginia and Virginia.

Richard Molyneux, director of Business Development, will join Northpoint later this month and will be based in Arizona. Molyneux has 32-plus years of floor plan finance experience in credit, operations and sales with companies such as ITT, Green Tree, GE, and Textron Financial. Molyneux will cover the states of Arizona, Southern California, New Mexico, Texas, Oklahoma, and Kansas.

Jeff Olander, senior director of Business Development, is based in Nevada. Most recently, SVP with Textron Financial, Olander has 29 years of sales management and business development experience with companies such as ITT, Green Tree and Textron Financial. He will cover the states of Nevada, Northern California, Oregon, Washington, Idaho, Montana, Utah, Colorado, Wyoming, Nebraska, South Dakota, North Dakota, Minnesota and Iowa.

As a primary or supplemental financing option, Northpoint’s sales team, along with the entire Northpoint team based in Alpharetta, GA, will strive diligently and respectfully to meet the financing needs of retailers and dealers in every possible way; with the primary goal of providing credit lines supported by competitive programs, a state of the art on-line account management system – all administered in a friendly and “easy to do business with” approach.

Northpoint Commercial Finance LLC, is based in Alpharetta, GA, is a newly formed diversified inventory finance company that partners with manufacturers, distributors and dealers to provide financing solutions for their distribution channels.

Previously on abfjournal.com:

Perella Affiliate, Others Form Northpoint Commercial Finance, Thursday, March 08, 2012