Rise Line Business Credit added Paul Durosko, Allan Gajadhar and Michael White to the company. The three new hires enhance the capabilities of the underwriting, credit, collateral management and analytical teams.
Durosko joins as senior vice president, Underwriting, and has more than 30 years of financial services and lending experience to Rise Line. For 25 years, Paul worked in the commercial finance and lending industry in leadership positions.
Before Rise Line, Durosko served as senior vice president of Credit at Medallion Business Credit. Prior to Medallion, he was a director at Capflow Funding Group, where he was responsible for managing the firm’s equity positions while overseeing the surveillance of their factoring portfolio In addition, Durosko served as group head of ABL at TAB Bank, where he established the bank’s asset-based lending guidelines, including its policies and procedures. Durosko was also vice president of Firm Credit Risk at Morgan Stanley and held positions at Arthur Andersen, Fleet Capital, Transamerica Business Credit and Comerica Bank.
Gajadhar joins as vice president of Operations, and brings more than 15 years of financial services and operational experience to Rise Line. Prior to joining Rise Line, he served as vice president of Operations at Medallion Financial and prior to that served as vice president, Client Services of Medallion Business Credit. Before joining Medallion, he held a managerial position in the U.S. wholesale market industry.
White joins as a financial analyst and is working as a part of the Rise Line deal team. White previously worked as a trade finance analyst for Noble Group.
Rise Line offers $2 million to $25 million in asset-based revolvers, term loans and special situation financing for qualified businesses in the U.S.