Daily News: May 9, 2019

Lovett Joins Siena as Director of Southwest Originations


Suzanne Lovett joined Siena Lending Group as director of Southwest Originations in Dallas, TX. In her new role, Lovett will be responsible for originating, structuring, and funding asset-based financing solutions with commitment amounts up to $35 million for middle-market companies in the Southwestern United States.

Lovett brings over 30 years of asset-based lending experience to Siena, beginning her career managing non-performing assets for Foothill Capital. For the past 20 years, she has focused on new business development in the Southwest, primarily for Wells Fargo Capital Finance and its predecessor companies Norwest Business Credit, Congress Financial, and Wachovia Capital Finance.

Lovett has previously served as president of the Women’s Finance Exchange, Grants Chair and board member for the Dallas Women’s Foundation, and treasurer for the DFW Chapter of the Turnaround Management Association. She currently serves on the board of directors for the Southwest Chapter of the Commercial Finance Association and is an active member of the Association for Corporate Growth and the Turnaround Management Association.

Scott Elliotto, director of Siena, said, “We are very excited to add Suzanne to the Siena originations team. She brings a deep background of credit and underwriting skills, along with strong relationships throughout Texas. We look forward to her continuing Siena’s growth in the Southwest market.”

Siena Lending Group is an asset-based lender which serves middle-market companies looking for an alternative to traditional bank financing. Siena offers asset-based loans from $3 million to $35 million and finds creative ways to provide borrowers with maximum flexibility and liquidity.