Berkshire Bank added Ben Garcia to its asset-based lending team in the Mid-Atlantic region as senior vice president and ABL relationship manager.
Garcia joined Berkshire Bank this month and previously worked for Wells Fargo Capital Finance as a business development officer. Garcia spent more than 20 years at Wells Fargo, where he sourced a variety of ABL transactions from $2 million to $50 million in deal size.
“The Berkshire Mid-Atlantic ABL portfolio has experienced significant growth over the past four years and Ben is a welcome addition to continue that momentum in having Berkshire Bank be a top choice for the financing needs of middle market companies,” Kenneth Kaestner, senior vice president and ABL regional lending leader for Berkshire Bank, said. “His past experiences and customer service focus is a perfect fit for our team and aligns with the bank’s values and priorities.”
In addition to Wells Fargo, Garcia has worked with several other financial institutions, including MTB Bank, CIT Group and Midland Bancorp.
Garcia is a member of the Secured Finance Network, the Metro New York chapter of the Turnaround Management Association, the Metro New York chapter of the Association for Corporate Growth and the Garden State Credit Association. He is also a volunteer on several executive boards with the Commercial Finance League.
Berkshire Bank’s ABL group supports lower middle market companies throughout the Mid-Atlantic and New England regions with a portfolio size of approximately $800 million in commitments.
