Following the recent capital investment from funds managed by Atalaya Capital Management, CG Commercial Finance announced growth plans for 2017, which include recruiting to fill roles in sales, finance, credit, documentation and operations. It will also expand its national middle market, large corporate and third party origination efforts.
Scott McCullum, president of CG Commercial Finance, said, “CG is well positioned to take advantage of a unique growth opportunity. The changing landscape of finance providers and a newly optimistic business environment align well with our newly capitalized and differentiated approach to commercial project and equipment financing. We now look to secure a deeper staff of industry-leading talent to take our team to the next level.”
As part of the growth plans, CG has invested in expanding benefits and reducing healthcare expenses for employees while increasing funding capacity and building a competitive incentive plan.
“We consider ourselves dealmakers and problem solvers,” McCullum said. “And we need more professionals that are looking to grow their careers with the innovation, structuring expertise and passionate commitment to getting deals done.”
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