Siena Lending Group announced of the hiring of Barry A. Kastner as Executive Vice President and Southeast Regional Manager. Kastner, a highly seasoned ABL veteran, will be focused on originating transactions and new banking partners, primarily in the Southeast Region of the US. His previous experience includes over 30 years with Congress Financial Corp. / Wachovia Capital Finance, where he served in increasing capacities, including Chief Operating Officer. Kastner’s experience also includes senior management and business development positions with TD Bank, Keltic Financial and Salus Capital.
He has received industry honors, including the Distinguished Achievement Award in Banking and Finance from B’Nai B’rith International, and the National Jewish Health Humanitarian Award at the New York Financial Industries Dinner, where he was recently inducted as a trustee. Kastner is a past president of the New York Chapter of the Commercial Finance Association. He is a frequent speaker and instructor on topics related to asset-based lending.
Siena Lending Group is an independent commercial finance company offering asset based loans between $1 million and $20 million to small and middle-market businesses across the United States. Siena also offers a turn-key servicing platform, which provides an attractive asset based product for community and regional banks that desire improved operating metrics and asset diversification.