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.
In the face of continuing bank regulation, alternative lending companies are launching to fill in the gaps. ABF Journal contributor Hugh Larratt-Smith examines the types of loans these lenders are providing and shows how ABL lenders can benefit by teaming up with these new players.
Triumph Bancorp announced a series of management assignments that included naming Dan Karas chief lending officer of Triumph’s banking subsidiary, Triumph Savings Bank.