Paul Kordik joined Loeb as VP of credit and underwriting and Chris Macchione joined as part of Loeb’s sales team.

Kordik has experience in credit and underwriting for industrial manufacturing equipment and machinery.

Macchione has more than 20 years of sales experience within the manufacturing industry. His focus has been within the food, pharmaceutical and contract manufacturing sectors. Dedication, drive and leadership are the qualities that attracted Loeb to bring Chris on-board. Chris will assist in selling all services of the company at Loeb’s Chicago Headquarters.

“All of us at Loeb are looking forward to Paul and Chris’ contributions to our team and organization. Their unique backgrounds in manufacturing will be an invaluable asset for building partner relationships,” Howard Newman, ASA CEA, president of Loeb, said. “Chris is well suited to handle all of the deals we have coming in from all our clients; and Paul’s experience will help us improve and streamline our credit and underwriting processes.”

“We are grateful for the opportunity to bring these successful professionals to the company and we look forward to what lies ahead for our team and clients,” Newman said.