LCA Financial (LCAF), a division of the LCA Group, announced that Scott Woodring has been hired as a Business Development Officer for the group.  Woodring will focus on developing and managing origination relationships with lessors, brokers and banks nationwide.  Scott has over 17 years of experience in the equipment finance industry, most recently in the role of Account Manager at LeaseTeam, Inc., a recognized leader in technology solutions for the leasing industry.

“Scott’s experience, industry knowledge and client relationships make him an excellent hire for our indirect division”, said Mike Coon, Vice President of the group.  LCAF President, John Martella further noted, “Increasing our sales presence with well-known industry veterans is in line with our growth plan for the wholesale division. We seek to add expertise that brings value to our originators and to position LCA Financial as a leader in this segment.” 

LCAF specializes in the Buy/Sell activities of the LCA related entities.  LCAF provides flexible discounting facilities of portfolios, asset pools and one-off transactions with servicing either retained or released.  LCAF’s portfolio and pool purchases range from $1MM to $25MM and single transactions up to $1.4MM.