Independent asset-based lending company Legacy Corporate Lending appointed Margaret Ceconi executive vice president of portfolio and underwriting. Ceconi will work closely with the firm’s originations team and will be responsible for conducting the underwriting process and structuring and closing new transactions.

Ceconi has more than three decades of ABL and commercial financial experience, with an emphasis on portfolio management, restructuring, underwriting, credit and risk analysis, fraud examination, and corporate finance. Most recently, she led her own consulting firm, Ceconi Advisors, where she conducted situational and financial reviews of distressed companies while assessing their operational and financial status to develop short- and long-term workout strategies.

Previously, Ceconi spent nearly a decade GE Capital as a senior vice president and before that as an associate director of structured finance for energy financial services. Additionally, she has held senior roles at Eclipse Business Capital, Whitney Bank, Bank One, Commonwealth Bank of Australia and Heller Financial.

“We are fortunate to have an experienced executive of Margaret’s caliber join our leadership team,” Paul Martin, chief investment officer of Legacy Corporate Lending, said. “Her deep expertise in evaluating and structuring transactions will further enhance our capabilities as we continue to build out a diversified ABL platform focused on providing our clients with flexible, innovative funding solutions that meet their needs in today’s evolving market.”