Siena Lending Group promoted longtime team members Scott Elliotto and Jason Schick, who will play key roles in helping the company build on the success of its healthcare finance division. In addition to his current role as the senior managing director of new business originations at Siena Lending Group, Elliotto will serve as the CEO of Siena Healthcare Finance. In this new role, he will collaborate with Jennifer Sheasgreen, president of Siena Healthcare Finance. Schick has been promoted to managing director of underwriting. Going forward, he will serve as head of underwriting for both Siena Lending Group and Siena Healthcare Finance.

“Scott and Jason have been pillars at Siena, exhibiting the character and drive our company was founded on,” Dave Grende, president and CEO of Siena Lending Group, said. “Their desire and ability to work as partners with both the clients we serve and every employee at Siena is exemplary. We are so proud of what they each have achieved, and know they will succeed in their expanded roles at Siena.”

“We are well positioned to increase our market presence in the healthcare lending sector,” Sheasgreen said. “I’m excited to be working with Scott and Jason—and our entire Siena team—to deliver a compelling and competitive financing solution to our clients.”

Elliotto, who has more than 25 years of asset-based lending experience, joined Siena at the company’s inception in 2012. “I’ve been fortunate to see all the phases of Siena’s growth and our progression to where we are today,” Elliotto said. “Leveraging what I’ve learned at Siena, I am excited to contribute to the continued growth of our healthcare business. I look forward to working with Jennifer to execute and accelerate our business plan for the healthcare finance division.”

Schick, who has more than 20 years of experience in public accounting and banking, joined the Siena team in 2014. “I am grateful for the opportunity to assume the role of head of underwriting at an organization as impressive as Siena,” Schick said. “I look forward to taking on the responsibilities of this new position, working with prospective clients to help them grow their businesses and continuing to make positive contributions to Siena’s growth and success.”