National Bank Holdings announced it has formed a new specialty finance division, NBH Capital Finance. Chris Randall, previously the founder and head of specialty lending business, CoBiz Structured Finance in Denver, will lead the group.
Headquartered in Greenwood Village, CO, NBH Capital Finance will provide structured and asset based loans to middle market companies. The division will place an emphasis on the regions covered by Community Banks of Colorado, Bank Midwest and Hillcrest Bank, which includes Colorado, Kansas, Missouri and Texas.
Randall joins National Bank Holdings after a 24-year career in the asset-based and private equity sponsored cash flow lending industry. He has built two very successful specialty de novos in the segment, and has been responsible for leading over $2.5 billion in loan transactions and equity investments. Joining Randall will be his team from CoBiz Structured Finance, Josh Peters, Lisa Brown and Jenna Schlageter.
“We believe the creation of NBH Capital Finance emphasizes our focus on building value-added relationships with business clients,” stated Tim Laney, president and CEO of National Bank Holdings. “Chris and his team will have an immediate impact on accelerating our disciplined loan growth, while cross selling other business banking services. The middle market remains underserved, and we are excited to add such an experienced team to our organization to fill this gap.”