Gordon Brothers named Joe Massaroni director of business development as Conrad Lauten will retire from the role.
Gordon Brothers Group announced Frank Grimaldi was promoted to national sales manager of the firm’s Valuation & Advisory Services Division, effective October 1.
Restoring Disciplined Appraisals and Oversight: Why the Need for Diligence is Essential to Minimizing Risk
Over the past year, the competitive environment in the asset-based lending industry has reached a fever pitch. Competition for a limited number of deals has forced lenders to offer diminished rates to keep clients. In order to offer lower-cost deals, some lenders have decreased the frequency of regular appraisals, often to their own detriment in the long term.