Veritas Financial Partners announced that Antanas (Tony) Liobis has joined as Chief Credit Officer.  In his role at Veritas, Liobis will primarily be responsible for the oversight of portfolio management and loan operations, maintaining a focus on industry-leading, best-in-class management, information and control systems and above all, preservation of capital.

“Tony is a highly respected asset-based lending professional with tremendous depth and breadth of experiences encompassing underwriting, credit and risk management,” said Gary E. Jaggard, CEO of Veritas.  “In addition to adding highly valuable expertise across many aspects of our business, Tony brings an energy and passion that make him an ideal fit within our culture.”

Liobis brings to Veritas over 30 years of asset-based lending experience, holding senior level positions at various institutions.  He joins Veritas from Ares Management LLC where he was senior vice president within their commercial finance platform.  A graduate of Rutgers University, Liobis is also active in several national industry organizations, including the Commercial Finance Association and the Turnaround Management Association.

“Veritas has emerged as a strong player in the asset-based lending space over the last few years,” said Liobis. “I’ve been watching the company grow by providing creative and transformational financing solutions in the marketplace.  I look forward to being a part of its continued growth as well as working with such a dynamic and innovative team”

Founded in 2011, Veritas Financial Partners is a specialty finance firm that provides asset-based loans to small and medium-sized businesses. Veritas combines revolving and term based lending capabilities to achieve tailored capital solutions throughout a wide variety of industries. Veritas's strong balance sheet, flexibility, and responsiveness make it an ideal solution for companies across all stages of growth and complexity.