Partners Capital, an equipment lessor specializing in vendor finance, made a number of personnel moves.
First, the company hired Joe Quintero as CCO. Quintero has more than 23 years of credit and management experience and holds CLFP certification. He has previously held several credit and operations positions with Ascentium Capital, Pentech Financial Services, First Sierra and Colonial Pacific Leasing/GE Capital. Quintero will be working from the corporate office in Orange County, CA.
The company also promoted Mike Geske to chief sales officer. Geske has more than 28 years of sales and management experience within the banking and equipment finance industry. He started with Trans Leasing International in 1988 and later HPSC and then Funding Well Capital. He joined Partners Capital as director of Sales in 2014 and has increased sales 700% to $100 million. Geske is responsible for all vendor relationships and programs at Partners Capital.
Partners also hired five vice presidents of sales, bringing the total number of “partner reps” to 28 plus an additional 65 account executives in sales.
The five new sales VPs are Jared Berggren, who has six years of experience and was previously at Ascentium Capital; Alex Perez, who has more than five years of experience at Alliance Funding Group; Torre Montez, who has four years of experience and most recently worked for Ascentium Capital; Travis Patterson, who joined with four years of experience from Providence Capital; and Michael Larso, who has 20 years of experience and last worked at JBT Financial Services.
In addition, four account executives were brought on, brining the total to 95 experienced vendor sales reps for the company. From Providence Capital Funding, Partners added Phillip Kim and David So. Paul Coupland came from Matrix Business Capital and Robert Henning from Quail Financial Solutions.
Partners Capital also recruited Anthony D’Agostino, who has four years of credit and underwriting experience and most recently worked for Balboa Capital. Melissa Morales also joined from Summit Funding to give vendor sales support for several large vendor programs.
Along with the staff additions, Partners opened a fourth regional office in Lynnwood, WA.
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One Reply to “Partners Capital Adds CCO, Promotes Geske to Chief Sales Officer”
Partners’ Capital Group is a great company from an outside perspective. However, a lot of information is not disclosed to customers when they sign documentation, leading to a lot of money made to their sales reps. They are a large broker and the money made by the organization is by advance payments, which do not go towards a customer’s finance or lease agreement in turn creating a higher rate for the customer, interim rent charges, and an excessive amount of points built in. If you are an equipment vendor, please do your research on the CEO before doing business with this organization. There are plenty of great equipment finance companies out there and I would not consider PCG to be one of them.