Final Cut SeptOct 2018

Bank Leumi USA hired Mark Fagnani to head its new Asset-Based Lending business, which will be based in its New York headquarters. Fagnani will be responsible for leading the establishment and growth of this critical business, including building a successful team that will have national client coverage.

Fagnani worked for Congress Financial and its successor companies, First Union Business Credit, Wachovia Capital Finance and Wells Fargo Foothill (now known as Wells Fargo Capital Finance), for more than 30 years. He also helped to establish HVB Capital, a subsidiary of Hudson Valley Bank, and EverBank Business Credit, where he launched the firm’s Healthcare ABL practice.