Stonebriar Hires Parks as SVP, Head of Direct Originations

Stonebriar Commercial Finance (SCF) announced Kyle C. Parks has joined the company as senior vice president and senior managing director – head of Direct Originations, managing SCF’s team of direct originators. Parks will lead SCF’s current group of direct originators and will continue the buildout of his team with future growth hires planned for the Pacific Northwest, West and Southeast regions, as well as Canada and Australia. In addition to his management responsibilities, Parks will oversee Stonebriar’s growth in the energy and marine sectors.

Parks joins Stonebriar following 10 years with Wells Fargo Equipment Finance where he most recently held the position of senior vice president, Energy & Marine with the responsibility of managing the company’s growth strategies in the energy and marine industries. In that role he hired and led a team of five direct, industry-focused originators advancing the group’s brand and market reputation in those sectors. Prior responsibilities include positions in sales management as well as direct origination. Park’s total financial services experience spans over 14 years and includes positions with both GE Capital and Orix Commercial Finance.

“We are looking forward to having Kyle join the SCF senior management team. His leadership skills and market expertise in the marine and energy sectors will be pivotal as we grow our direct origination efforts,” stated Dave B. Fate, president and CEO of Stonebriar. “Kyle’s market knowledge and extensive transaction and relationship experience with prospective customers will help us build our brand throughout the U.S. as well as our plans for growth internationally.”

“I am very motivated to join Dave and his team. I look forward to working with the extremely talented group of current originators and completing the buildout of the direct team,” said Parks. “SCF’s growth potential is unlimited, and I am thrilled with the opportunity to join the company in the early stages of its development.”

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.