Terrance McKinney joined Legacy Corporate Lending, an independent asset-based lending company focused on serving the needs of middle-market companies across North America, as executive vice president of portfolio management. McKinney will be based in Plano, TX, and will be responsible for ensuring all new and existing transactions are maintained in compliance with the firm’s portfolio management guidelines and credit policies.
McKinney has more than 30 years of asset-based lending and commercial finance experience. Most recently, he served as senior vice president and asset-based portfolio specialist at Bank of America Business Capital. He previously held portfolio management roles at PNC, Wells Fargo, SouthTrust Bank and Ft. Wayne National Bank.
“We are thrilled to welcome a talented and experienced executive of Terry’s caliber to the team at this exciting time for Legacy,” Lawrence Ridgway, COO of Legacy Corporate Lending, said. “Terry’s deep ABL industry and portfolio management expertise makes him the perfect person to bolster our Portfolio team and we look forward to his important contributions as we continue to grow our portfolio.”
