Daily News: June 6, 2019

Commercial Finance Hires Buanno as Director of Operations

Commercial Finance Partners hired John Buanno to serve as director of Operations.

He will assist Commercial Finance Partner’s growth efforts through strategic initiatives designed to expand the company’s direct lending efforts and market footprint around the United States and Canada.

“John’s factoring and asset-based lending background, as well as his experience with operating companies created a naturally perfect fit for our team’s growth strategy” said Darren Palestine, managing partner. “Commercial Finance Partners footprint is expanding rapidly and we are excited to have John on board to help manage the growth of our direct lending and consulting programs.”

Buanno has extensive underwriting and business development experience in the asset-based lending and trade finance industry. He previously worked at both Bibby Financial Services and Federal National Commercial Credit. He has also served in senior executive finance roles in both aerospace and home interior manufacturing businesses.