White Oak Commercial Finance appointed Evan Zwerman as director of originations for the firm’s asset-based lending division. He will be based in New York.
Zwerman joins from MB Financial Bank, where as vice president and business development officer for MB Business Capital he was responsible for sourcing, originating and structuring middle-market ABL transactions ranging in size from $5 million to $50 million.
“Evan’s extensive experience in auditing, loan portfolio management and originations in asset-based lending will allow him to make immediate, value-additive contributions to our team,” said David Montiel, managing director and head of originations for White Oak Commercial Finance. “We are excited to welcome Evan as we continue the strong progress we made last year in building out our ABL division.”
Zwerman spent nearly half of his 20-year career in corporate finance with Wells Fargo, where he served as vice president of relationship management. Prior to that, he held positions at PNC Bank, Merrill Lynch and Bank of America in New York.
“White Oak Commercial Finance’s established position in asset-based lending and its unique product offerings make this opportunity especially attractive,” Zwerman said.
Zwerman is an active participant and member of The Association for Corporate Growth, Turnaround Management Association and Commercial Finance Association.