Axiom Bank Hires Simshauser as SVP of Allied Affiliated Funding
Axiom Bank expanded its factoring and asset-based lending division with the hiring of Mark J. Simshauser as senior vice president of Allied Affiliated Funding.
Axiom Bank expanded its factoring and asset-based lending division with the hiring of Mark J. Simshauser as senior vice president of Allied Affiliated Funding.
Axiom Bank, a Florida-based community bank, appointed Dan Karas executive vice president of Allied Affiliated Funding, the bank’s factoring and asset-based lending division. Karas will be responsible for driving the division’s initiatives toward continued growth.
Allied Affiliated Funding closed $1 million in receivables financing to a Texas-based commercial flooring company and $400,000 in receivables financing to a Louisiana-based oil and gas industry consulting company.
Allied Affiliated Funding provided $1.5 million in receivables financing to a New Jersey-based pet wash manufacturing company and $300,000 in debtor-in-possession receivables financing to a Texas-based manufacturer.
Axiom Bank named Richard Jensen senior vice president and commercial relationship manager in Tampa, FL. In this role, Jensen will develop and manage relationships with Axiom’s commercial clients.
Kimberly Smotherman joined Allied Affiliated Funding as chief credit officer, factoring and asset-based lending. Smotherman is responsible for credit risk management and portfolio oversight.
Axiom Bank has hired Bryan Scheff as vice president, Commercial Relationship Manager.
Allied Affiliated Funding, a division of Axiom Bank, completed two transactions for a total of $1.8 million.
Axiom Bank named Susan Maurer as SVP, market executive.
Axiom Bank hired Mercedis Couillard as vice president, Payment Solutions Relationship Manager.