Cadence Business Finance, a subsidiary of Cadence Bank, added Steven Janson and Mark Buren as managing directors, expanding the company’s footprint for asset-based lending solutions to middle-market companies.
“We are excited for Steven and Mark to join Cadence Business Finance,” Norb Schmidt, executive vice president and director of capital finance at Cadence Business Finance, said. “Their diversified backgrounds and prior experiences will be a great asset to the team in supporting our overall growth strategy and helping our clients achieve their growth goals.”
Janson joins the company in Charlotte, NC and brings 25 years of experience performing underwriting, relationship management and business development duties in corporate lending and asset-based lending.
He serves as a board member for the Carolinas Chapter of the Turnaround Management Association, and is active with the Association for Corporate Growth and the Secured Finance Network.
Buren covers the Mid-Atlantic market for Cadence Business Finance. With more than 35 years of asset-based lending experience, as well as experience in healthcare finance, purchase order finance and factoring, he has worked on transactions up to $50 million at well-recognized financial organizations.