JPalmer Collective (JPC), a customized asset-based lending (ABL) solutions provider for high-growth companies, announced the appointment of Todd Waldrip as senior vice president, ABL originations. He will focus on structuring facilities for manufacturing, distribution and service companies, as well as other middle-market businesses throughout the U.S.
“We are thrilled to welcome Todd to the JPalmer Collective team,” Jennifer Palmer, founder and CEO of JPalmer Collective, said. “As our general business ABL platform continues to grow, Todd’s extensive credit expertise, relationships and track record of success will be key to expanding our reach and commitment to empowering businesses to thrive.”
Waldrip has more than 30 years of experience in banking, factoring and asset-based lending, with the last two decades focused on ABL solutions for clients nationwide. Most recently, he led national ABL business development as the senior originator at Austin Financial Services. Earlier in his career, he held business development leadership roles at Federal National Commercial Credit, Crestmark Bank and Summit Financial Resources, where he helped develop the company’s ABL-Flex product.
“The JPalmer Collective team builds solutions around each client and invests in long-term relationships, not just the balance sheet,” Waldrip said. “I am looking forward to bringing that approach to more businesses across the country and am proud to contribute to the incredible momentum of the firm.”
