Elevex Capital forms advisory board amid early growth
Board includes seven equipment finance veterans
Elevex Capital has formed an advisory board comprising seven industry veterans as the equipment financier looks to scale its platform and expand across the United States and Canada.
The board was built with operators who have launched and grown equipment finance businesses, according to an Elevex release today.
The appointments come after rapid growth for Elevex. Within its first 15 months, the company secured a $1 billion forward-flow agreement with TPG, closed credit facilities with Wells Fargo and Woodforest Bank and launched a vendor finance group.
The advisory board executives include:
- Rob Allanson, a retired senior executive at U.S. Bancorp and Huntington Bank with more than 40 years of experience in commercial banking;
- Richard Gumbrecht, chief executive at Secured Finance Network who has over 30 years of experience in commercial lending and leasing, including leadership roles at GE Capital;
- Cameron Krueger, founder and CEO at consulting firm Krueger & Krueger and a 35-year industry veteran;
- Rick Remiker, vice chairman at The Alta Group‘s global consultancy and former senior executive at Huntington;
- Scott Thacker, CEO of Ivory Consulting, known for developing software and advisory solutions for equipment lease and loan structuring;
- Kim Trombetta, a retired director of syndications at Huntington with 45 years of experience in equipment finance, syndications and leasing; and
- Tom Ware, president of Tom Ware Advisory Services and a veteran in commercial credit analytics.
The fourth annual Equipment Finance Connect, a crucial industry event for equipment lenders and dealers, takes place at the C. Baldwin Hotel in Houston May 18-19. Learn more about the event and register here.
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