Advantage Funding named Lisa Lersner CEO and president. She brings more than 25 years of financial services experience to the post.

Lersner most recently held the role of CFO of CapitalSpring, a registered investment advisor with both a specialty finance and asset management platform. Previously she served as president, CFO or COO of several specialty finance and technology firms. Lersner began her career working in the vendor and commercial finance divisions of Citicorp North America and Chrysler Capital.

“Lisa has the expertise and executive abilities to lead Advantage Funding’s development and execute on its growth strategy,” said Evert den Hollander, chairman of the company. “Her career has focused on managing the strategic, financial and operational activities of growing companies.”

“I am very excited to be joining Advantage Funding and to be leading the company through its next growth phase. I appreciate the opportunity to build upon the strong commercial lending platform and market position currently in place at Advantage Funding,” Lersner said.

Founded in 1997, Advantage provides loan and lease products for new and used vehicles and equipment to companies in the commercial, vocational and dealership spaces.