Presidential Financial Corporation Announces Larry Swinney As Business Development Officer
ATLANTA - Presidential Financial Corporation (PFC) is pleased to announce that Larry Swinney has joined its team as a business development officer in Atlanta, Georgia. In his new role, Swinney will be responsible for originating, structuring, and funding asset based financing solutions with commitment amounts up to $30 million for middle-market businesses in the southeastern United States.
Swinney brings significant experience to PFC, including commercial credit and business development experience in the asset-based lending space. He comes to PFC from Huntington National Bank, FirstMerit Bank, and prior to that, Wells Fargo Capital Finance, for each of which Swinney covered the southeastern United States in the role of business development in the asset based sector.
Swinney earned a Bachelor of Business Administration degree with a concentration in management from Georgia State University. He is a past board member of both the Alabama and Atlanta chapters of the Turnaround Management Association and an active member of the Association for Corporate Growth.
Headquartered in Atlanta, Georgia, Presidential Financial Corporation provides flexible and customized financing to privately held and sponsor-backed middle-market businesses nationwide. PFC combines the best of asset-based lending with diverse product offerings and a strong commitment to the growth and capital needs of middle-market businesses. PFC provides working capital and term loan facilities for acquisitions, recapitalizations, working capital needs, and turnaround situations. In addition to its Atlanta headquarters, PFC also has locations in Chicago, Cleveland and Phoenix.
PFC is owned by MidFirst Bank, one of the nation's largest privately held banks with approximately $15 billion in assets. This unique structure gives PFC the flexibility of a finance company with the financial backing and stability of a bank.