John Caruso joined LeaseQ as vice president of funding operations. With more than 35 years of experience in financial services, Caruso will develop LeaseQ’s funding team and expand its network of lenders in the Americas and abroad to serve credit profiles A through D across a number of vertical markets.
“John has decades of experience with multi-million dollar deals on an international scale,” said Vernon Tirey, founder and CEO at LeaseQ. “His knowledge and mentorship will help us build out the operations infrastructure and funding team to handle transactions of any complexity, and reach our next stage of growth.”
Prior to LeaseQ, Caruso was a senior director at EMC Corporation, managing an active $4.5 billion financing portfolio and global lending relationships. Before EMC, Caruso served 14 years as vice president and senior credit officer at Fleet Bank (now Bank of America), where he led both new business development of lending relationships and inside operations. He has experience in program development and implementation, credit analysis, collection management, complex deal structuring, funding and new business development.
Caruso’s hire supports LeaseQ’s growth. Last month, LeaseQ acquired Noesis, a provider of commercial building equipment financing, and plans to expand into several other equipment verticals.
LeaseQ is an online marketplace that connects businesses, equipment sellers and equipment finance companies. The LeaseQ platform is a free, cloud-based SaaS solution with a suite of on-demand software and data solutions for the equipment leasing industry.
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