Burdale Capital Finance Inc. Announces New Appointments
30/04/2008
Burdale Capital Finance, Inc., a member of Bank of Ireland Group, (“Burdale”), is pleased to announce the appointment of two senior bankers to its expanding asset based lending team in the US.
Steve Fuscaldo will join as Director of New Business Originations, and will focus on developing and expanding Burdale’s lead origination business.
Steve has over 15 years experience, most recently as Senior Vice President at GE in New York, where he originated asset-based and cash flow working capital and term loans targeted at middle-market companies.
Also joining the team as Senior Vice President of Underwriting is Anthony Lavinio. He was previously at CIT Group and has 12 years of industry experience.
Both Steve and Anthony will be based between Burdale’s offices in Stamford, Connecticut and its newly opened Manhattan office.
David Grende, Chief Executive of Burdale added: Since its entry in to the US in 2006, Burdale has been increasingly active across the US asset based lending market. Steve and Anthony have considerable experience and contacts that will bring added strength to our business as we deliver on our ambitious growth plans for the US.“
Burdale offers senior secured asset based loans in the $20-$75 million range with the capability to underwrite loans of up to $200 million. Financings are provided for early and mid-stage turnarounds, restructurings, leveraged buyouts and general refinancings.
Burdale also has the unique capability to seamlessly finance trans-Atlantic middle market transactions.
Burdale’s sister company, Burdale Financial Limited, has been providing asset based financing facilities in the UK and Europe since 1992.
