CHICAGO — CIBC announced the addition of Ben Colley as Managing Director, Business Development Officer in its Asset-Based Lending (ABL) team. With over 12 years of asset-based lending experience in both originations and underwriting, he will lead new deal originations across the Southeast region which includes Georgia, the Carolinas, Florida, Tennessee, Alabama, Mississippi and Arkansas. He will also work to expand the bank’s referral source network, which includes private equity groups, investment banks, turnaround consultants, and direct prospecting.
“We are pleased to add Ben Colley to our East Region team,” said Brandon Barr, ABL Group Head. “Ben brings deep industry knowledge, a robust network, and a strong commitment to supporting clients, prospects and referral sources. His expertise will be a significant asset as we continue to enhance our services and grow our presence in the region.”
Before joining CIBC, Colley served as a Senior Vice President at PNC Business Credit where he focused on new business development in the Southeast. Colley holds a bachelor’s degree in accounting from the University of Georgia’s Terry College of Business and is an active member of the Association for Corporate Growth, Secured Finance Network, and the Turnaround Management Association. In 2021, he was included in the Secured Finance Network’s “40 Under 40” list as a rising professional in the industry.
CIBC’s Asset-based Lending team is dedicated to creating tailored financing solutions for middle-market business owners and executives. Their comprehensive range of products and services supports clients in securing asset-based financing for various needs, including mergers and acquisitions, recapitalization, balance sheet turnaround and restructurings, business growth, and more.
