In this role, Passman will be responsible for growing Nations’ lease and loan origination activities throughout the Mid-Atlantic portion of the U.S. Passman has 25 years of experience in the equipment finance industry as an originator.
“I am very excited to join the team at Nations and look forward to expanding Nations’ presence in the Mid-Atlantic region. The dynamic product offerings from Nations positions us to be a key player in the market,” said Passman.
“We are very pleased to add Shawn to our team. His past sales and origination management experience will be a great asset in serving our customers and helping Nations to grow in the Mid-Atlantic region,” said Mike Brigante, managing director. “Shawn’s 25 years of sales experience in the equipment finance space will help establish NEF as a leading provider of equipment financing solutions throughout the region.”
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Working capital, an indicator of a business’s short-term financial position, is calculated as a business’s current assets minus its current liabilities, indicating the liquidity levels for managing its day-today expenses. A working capital loan is either a lump sum or... read more