Santander Bank may not come to the top of mind when people think about ABL transactions. But Paul Cronin, the bank’s new ABL chief, is looking to get the message out that the Spanish based bank is in the market and ready for business.
Santander Bank has tapped Paul Cronin to lead its asset-based lending business in its Commercial Banking division. Arthur Pesavento will join the ABL group as senior vice president and business development officer.
David Quon joined KeyBank Business Capital, the asset-based lending arm KeyCorp, as a senior business development executive. Quon will be based in Chicago and report to Paul Cronin, head of KeyBank Business Capital.