KeyBank continues to expand its asset-based lending expertise with the addition of middle market banker Karen A. Grexa. She joins KeyBank Business Capital from JP Morgan Chase.
Grexa, who is based in one of KeyBank’s midtown New York offices, works with the owners of middle market, mid cap companies and private equity funds dedicated to middle market investments located in Connecticut, New Jersey, New York state, Vermont and Maine.
“Karen’s passion for middle market lending makes her an ideal advocate for the owners of middle market and mid-cap companies who are evaluating ways to finance working capital or expansion,” said Laurie Muller-Girard, national director of KeyBank Business Capital. “She has years of experience guiding middle market business owners through the process, from finding the best solution for their specific needs to structuring and executing the deal.
“Middle market and mid cap business owners are increasingly optimistic about their prospects for growth and want ways to finance that growth,” Muller Girard said. “We know Karen’s strong ABL background will benefit middle market and mid cap business owners planning to expand.”
“I am impressed with KeyBank’s strong platform and targeted focus on middle market and mid cap borrowers and look forward to introducing business owners to the bank’s exceptional middle market services,” Grexa said.
Grexa’s experience in addition to JP Morgan Chase, where she was a senior vice president in the business credit division, includes PNC’s business credit division and National Bank of Canada, where she was a manager in the originations and portfolio division.
KeyBank Business Capital provides asset-based financing to middle market and mid-cap companies across a broad spectrum of industries and ownership structures, including family, private equity and public ownership. KeyBank Business Capital is complemented by Key’s other debt capital markets capabilities that facilitate the structuring and execution of complex financing solutions such as multilender syndications or transactions with institutional term loan or high yield components.
Key traces its history back more than 160 years and is headquartered in Cleveland, Ohio. One of the nation's largest bank-based financial services companies, Key has assets of approximately $90 billion as of June 31, 2013.