Siena Lending Group appointed Dillon Lounsbury as senior vice president of originations, to further strengthen its originations efforts.

Throughout his career in asset-based lending, Lounsbury has worked with customers across a multitude of industries and revenue sizes ranging from $20 million to $5 billion. Based out of Charlotte, NC, Lounsbury will be responsible for developing and maintaining relationships, as well as originating new business throughout the Mid-Atlantic, North Carolina and Tennessee.

“It’s a great time to be in new business at Siena. We’re on a tremendous growth trajectory right now, which has been made possible by our veteran leadership team who started Siena from the ground up over ten years ago. Since inception, Siena has consistently found creative ways to unlock liquidity for our customers. Our leaders are some of the best risk managers in the business, but what excites me is that they are persistent in their pursuit for ways to say yes when other lenders are looking for ways to say no.” Nick Payne, managing director of originations at Siena Lending Group, said “I’m elated to add Dillon to our originations team. From his time working as an account manager, Dillon has become familiar with the customer-first culture that we are proud of at Siena. His blended skill sets intersect ideally for his new role and will drive his success in his new position.  This promotion also demonstrates Siena’s practice to invest and reinvest in first-class talent to ensure their upward mobility within our organization.”