Legacy Corporate Lending added Donna Dawson as senior director of operations. Dawson will be based in Plano, TX, and be responsible for ensuring all new and existing transactions are maintained in compliance with Legacy’s operations management guidelines and credit policies.
White Oak ABL provided a second $10 million line increase and extension to Hunt & Sons, a third-generation, family-owned petroleum products distributor. This is the fourth amendment closed between the firms and brings the total asset-based lending credit facility to $95 million.
White Oak Commercial Finance increased funding on its $75 million asset-based credit facility with Hunt & Sons by $6 million.
Clark D. Griffith joined Encina Business Credit as senior managing director to lead originations on the West Coast.
Hana Financial announced it started a new business unit called Hana Business Capital, headed by Clark D. Griffith. Griffith comes to Hana with more than 15 years of ABL experience at GE Capital and Union Bank.