Berkshire Bank appointed Ivan Trajkovic as senior vice president, Asset-Based Lending. Trajkovic extensive industry knowledge and executive leadership to the bank.
His role will focus on sourcing and structuring new asset-based lending credit facilities ranging from $3 million to $30 millionand managing these customer relationships.
Trajkovic comes to Berkshire Bank with 21 years of experience in banking and 12 years in sourcing and structuring asset-based lending deals for middle market companies and private equity firms. He held the position of vice president business development for PNC Business Credit’s New York/New Jersey region of Asset Based Lending for 10 years as well and spent two years at Provident Bank providing asset-based lending solutions to his customers.
“We are fortunate to have someone of Ivan’s caliber join our Asset-Based Lending Team and continue Berkshire Bank’s growth in the New York Metro area. Ivan is an accomplished and experienced asset-based lending banker who will allow us to provide the best products and services to this market,” said Kenneth Kaestner, senior vice president, Asset-Based Lending manager. “His experience in creative capital solutions for middle market companies will prove extremely valuable in this market. We are excited to have him here.”
