Daily News: July 26, 2013

McLaughlin Joins Star Funding as SVP Business Development

Star Funding announced that Jack McLaughlin joined the company as senior vice president of Business Development. Bringing 39 years’ experience in commercial finance to his new role, he will primarily focus on originating loans for small to mid-size companies seeking purchase order financing and/or receivables factoring.

Previously, McLaughlin was with Westgate and Crestmark for 17 years, and has been running New York office for the past 3 years. McLaughlin has had various positions with many factors, starting with United Factors in 1974.

Star Funding is a privately held company which has been in the purchase order finance, letter of credit and factoring business since January 1999.