TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that Kurt C. (“KC”) Beuker has joined as Senior Vice President.  Beuker is based in Chicago and is responsible for new business generation, portfolio administration and underwriting with specific coverage of the greater New York City market.

“We are excited to have KC join our growing team.  This addition highlights our need to continue to add industry veterans who understand the lower middle-market sponsor finance market to complement our strong existing base.  In just four years we have completed over 60 transactions nationally with over $700 million in commitments.  Adding KC gives us the ability to better cover the country and continue to build our national sponsor coverage,” said Joe Gaffigan, President of TCF Capital Funding.

 Beuker is an accomplished senior lending professional with 17 years of experience in leveraged lending.  Most recently, Beuker served as Senior Vice President in the Structured Finance Group at Fifth Third Bank where he developed relationships with private equity groups, junior capital providers and intermediaries.  Prior to that Beuker held various positions with Fifth Third including Managing Director and Relationship Manager. Beuker received a Bachelor of Science in Business from Michigan State University.

Beuker added, “I am very excited to have joined such a skilled team and look forward to being part of TCF Capital Funding’s future success.”

TCF Capital Funding provides cash flow and asset-based lending to lower middle-market businesses.  National in scope, this senior leveraged lending group focuses on providing private equity sponsor-backed cash flow loans and asset-based loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA.