Daily News: February 9, 2012

U.S. Bank Asset Based Finance Names McDonald Northeast Team Leader

U.S. Bank Asset Based Finance has named Brian McDonald, Northeast team leader, Business Development. McDonald will be based in New York and is responsible for the origination and structuring of large corporate asset-based loans in the Eastern region. His efforts will be focused on financial sponsors and direct corporate relationships for the National Corporate Business Development Team.

“Brian’s extensive experience in corporate asset based lending will contribute to our continued growth in this market,” said James Doyle, national manager-Business Development, U.S. Bank Asset Based Finance. “We are pleased to welcome him on board.”

McDonald has more than 25 years of experience in asset-based and leveraged lending. Formerly he served as managing director at GE Capital and also held leadership positions at Merrill Lynch Capital, Bank of America and Fleet Capital. He received a B.S. in Business Administration from Villanova University and an M.B.A in Finance from Seton Hall University.

U.S. Bank Asset Based Finance is a asset-based lender providing financing solutions to middle-market and large-cap companies in the United States and Canada.