Daily News: May 25, 2017

ENGS Expands Factoring Team, Adds New Offices


ENGS Commercial Finance expanded its factoring subsidiary, ENGS Commercial Capital, and added two new offices.

Bronwyn Hobson joined as vice president of risk management, Patrick Eakins was added as vice president and business development manager, Mike Costello will take on the role of transportation sales manager and William Rodriguez was hired as inside sales business development officer.

In addition to its Birmingham, AL headquarters, ECC added offices in Chicago and Nashville, TN.

Tania Daniel, managing director of ECC, said, “The expansion and market opportunities ahead of us are very exciting. We recognize the need to further support the industry by increasing local capability and could not have found a better portfolio of talent. These individuals have extensive experience with accounts receivable funding, transportation credit management, direct lending and asset-based account management, which will provide our clients with unparalleled expertise in structuring working capital opportunities.”

Hobson brings more than 30 years of experience in the financial services industry, most recently with Porter Capital. While at Porter Capital, she managed its largest clients, trained associates on risk management procedures, approved funding’s and audited the portfolio.

Eakins brings more than 17 years of commercial finance experience, most recently from TAB Bank, and is responsible for new business development efforts.

With more than 40 years of experience, most recently from J D Factors, Costello has worked directly with businesses to help leverage their cash flow and working capital needs and will be responsible for managing and growing the transportation sales efforts on behalf of ECC.

William Rodriguez will be responsible for developing new business relationships and growing the inside sales portfolio.