SAN DIEGO, Sept. 22, 2022 (GLOBE NEWSWIRE) — Lenders Funding, LLC, a specialty finance company of Great Elm Capital Corp. (“we”, “us”, “our”, the “Company” or “LF”) ) announced today that Chief Operating Officer and Chief Credit Officer, Harvey Friedman, will be retiring after 18 years managed the lending business and the overall administration. In retirement, Mr. Friedman will assume the role of Vice Chairman Emeritus. Mr. Friedman has been in the factoring and asset-based lending industry for over 45 years. Prior to joining LF, Mr. Friedman was Executive Vice President and Chief Credit Officer at Gibraltar Corporation of America (“GCA”), a wholly owned subsidiary of United Jersey Bank, where he managed a $900 million secured loan portfolio for 32 years -dollar managed. After GCA, Mr. Friedman was a Managing Director of Sterling Bank’s Asset Based Lending Division. Mr. Friedman has consistently brought leadership to the entire secured lending industry and most of the time has filled a void in the private lending industry. As Vice Chairman Emeritus, he will continue to drive the growth and success of Lenders Funding and Great Elm Capital Corp’s specialty finance businesses. support.
“Harvey is a well-respected industry professional who has contributed immeasurably to the development and business practices of the entire factoring and wealth-based community, and Lenders Funding in particular,” said Robert Zadek, Founder and CEO of Lenders Funding. “It has been an honor to have Harvey involved in the development of the private finance industry over the past four decades and his knowledge, dedication and dedication have made a profound difference that will have a lasting impact. Of equal importance is the friendship and guidance he has provided to me, both of which will surely continue despite his retirement.”
“After 18 years, it has been an amazing overall experience with some of the best memories of my life,” Friedman said of his tenure at Lenders Funding. “I am special…
