National Funding, one of the largest private fintech lenders of small and medium-sized business loans, announced today that Justin Thompson who previously was Executive Vice President of Sales has been elevated to Chief Revenue Officer. This expanded role will now include responsibilities of developing the new Strategic Partnership vertical, in addition to his previous management of a one-hundred person sales division that is comprised of Direct Sales, Renewal Sales, Broker Sales, and Equipment Financing.
“On the heels of our acquisition of QuickBridge, and the explosive profitable growth of National Funding, this is a great time to expand our offerings to clients with new products and solutions,” said Dave Gilbert, Founder and CEO, of National Funding.” Justin has led sales since 2012 through the biggest growth period in our 20-year history. I am thrilled for him to continue building on this strong record.”
Thompson has been a driving force during National Funding’s strong growth trajectory over the past six years.
“I have never been more excited about the future of National Funding as I am now,” said Thompson. “The acquisition of QuickBridge, expansion of our strategic partnership channel and the ever-improving performance of National Funding, we have a lot to offer our customers and brokers—making us an important resource for small and medium-sized businesses nationwide.”
In addition to Thompson’s promotion, National Funding has made two key additions to support the growth of Strategic Partnership. Jason Osiecki, previously Head of Sales for QuickBridge, has been named Vice President, Strategic Partnership for National Funding. Osiecki has a proven successful track record and deep relationships in the broker market. He will drive growth opportunities in the merchant processing, leasing, B2C, Lender Decline and other key markets. The company has also appointed Kevin Kane as Director of Business Alliance and will manage day-to-day relationships with brokers across the country.
National Funding recently announced the acquisition of leading alternative lender QuickBridge. Collectively, the companies have provided more than $3 billion in financing to small and mid-sized businesses, and overall loan volume will exceed $600 million in 2018.
About National Funding
Founded in 1999, National Funding is one of the country’s leading financial technology companies for small and medium-sized businesses, providing working capital loans and equipment financing. The company believes in American small business owners, and strives to provide fast turnaround, flexible solutions and great service to all its customers and clients in a diverse range of industries including: construction, excavation, manufacturing, retail, packaging, printing, restaurant, telecommunications, trucking, transportation, and waste management, among others. National Funding was recognized on the Inc.500|5000 list for the past six years, as well as placing on San Diego Business Journal’s Fastest Growing Companies list for the past six years.
This news release has been issued by National Funding.
October 04, 2022 07:50 AM Eastern Daylight Time
SAN DIEGO--(BUSINESS WIRE)--National Funding, one of the largest U.S. specialty finance companies serving small- and medium-sized businesses, closed its second asset-backed securitization (ABS) for $125 million. Guggenheim Securities served as sole structuring advisor and the sole initial purchaser of