Verdant Commercial Capital Expands Industrial Vertical

Verdant Commercial Capital expanded its industrial vertical by hiring Tom O’Hear as senior vice president and vertical leader and Andrew Baccaro and Ryan van de Boogaard as relationship managers. These new team members will deepen the company’s expertise while providing its industrial partners with equipment financing options.

O’Hear has 35 years of vendor finance experience, including 25 at DLL as global program manager. He was one of the founding members of DLL’s construction, transportation and industrial business unit, where he focused on originating and managing key manufacturer relationships. Before DLL, O’Hear held leadership roles with Fleet Bank and BancBoston Leasing in construction and industrial markets. O’Hear joins Verdant as an accomplished executive with extensive local, regional and international experience in financial services industries.

Baccaro will be a relationship manager covering the Southwest. Baccaro has more than 10 years of banking and financial services experience, most recently as vice president, sales at Ascentium Capital for nearly six years. At Ascentium, he developed vendor finance relationships to grow originations in multiple industries, including industrial, manufacturing, technology and health/wellness. Baccaro started his career in UMB Bank’s Emerging Leaders Program while holding roles in credit underwriting, portfolio management and sales.

Van de Boogaard will be a relationship manager covering the Northwest. Van de Boogaard has more than 20 years of financial services experience, including 16 years at Key Equipment Finance (KEF). He held various roles at KEF in sales and operations. In his most recent role, he supported and assisted in the development and growth of commercial vendor programs. Van de Boogaard managed relationships with manufacturer and vendor teams by providing customized solutions to help sell their products.

“We are super excited to welcome these three industry veterans who deepen Verdant’s expertise and have an immediate impact on the industrial team,” Brian Lowe, chief commercial officer of Verdant Commercial Capital, said. “Tom’s reputation in vendor finance spans over three decades, and we are excited about his leadership and ability to fuel the future growth of the vertical. Andrew and Ryan bring experience and versatility to their origination roles and will provide exceptional service to our vendor partners and their customers.”

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