Verdant Commercial Capital hired Josh Snider as VP, relationship manager, to support vendor relationships in the Construction and Industrial verticals.
Snider has 14 years of experience in many areas of commercial finance. For the past seven years, he was VP, relationship manager supporting a major vendor program within Wells Fargo Equipment Finance. Prior to this role, Snider’s career was with GE Capital performing portfolio risk management functions including field audit, account management, underwriting and workout/distressed loan management.
“I am extremely excited to join Verdant Commercial Capital and believe we offer a value proposition that hasn’t existed in the equipment finance market for some time”. The leadership team has extensive knowledge of the vendor finance space and has created a business model that provides quick and innovative solutions to vendor partners,” said Snider.
In announcing the hiring, Verdant Chief Commercial Officer Brian Lowe stated, “Josh’s background provides immediate credibility to our vendor partners. He is an asset to the Verdant team and he will play a key part in achieving our overall goal which is helping our OEMs and dealers sell more equipment through financing”.
Verdant, which launched as an independent equipment finance company in the second half of 2017, is led by CEO Mike Rooney, EVP John Merritt and Chief Credit Officer Chris Kelley. The executive team’s intent is to combine the discipline learned over years in banking with flexible capital and entrepreneurial enthusiasm to serve vendor partners with speed, agility and smart solutions.
The future of equipment financing reminds me quite a bit of college — biking in college, to be specific. Let me explain. Many college students work summer jobs in the weeks leading up to freshman year, saving money to meet... read more
To recognize suppliers committed to exceeding expectations, Honda of America Manufacturing hosts the Annual Indirect Procurement Supplier Awards, an event ceremony that shines a light on the important role of these strategic partners. This year, Pacific Rim Capital (PRC) of... read more