As part of its 2017 expansion plan, Gerber Finance created a partnership with Global Fund Holding, parent company of Miami-based Trade Finance Solutions. Gerber will raise its finance cap from $10 million to $15 million.
Barry M. Schneck joined Gerber Finance as senior vice president. Schneck will be responsible for covering the New York, New Jersey and the mid-Atlantic region.
Kevin McGarry has joined Gerber Finance as chief credit officer. McGarry previously held senior leadership positions at GMAC Commercial Finance, GE Capital, Congress Financial and Heller Financial.