MB Business Capital, the asset-based lending division of MB Financial Bank, N.A., announced it has opened a new office in Roseland, New Jersey and Evan M. Zwerman has joined its middle-market asset based lending group as vice president. Zwerman will join MB Business Capital’s Northeast Regional Business Development team in pursuing financing opportunities related to acquisitions, recapitalizations and turnarounds.
Zwerman brings more than 15 years of banking experience to MB. Previously he served as a vice president, business development officer and relationship manager at Wells Fargo Capital Finance, where he originated middle-market, asset based credit facilities. Prior to Wells he has held positions at PNC, Merrill Lynch, and Bank of America.
Michael Sharkey president of MB Business Capital said "Opening up a New Jersey office offers MB Business Capital even more opportunity to provide the region with access to our top-notch financial solutions and professionals. Evan is a smart strategic addition to our Northeast team and brings extensive asset based sales and portfolio management experience to our group.”
Zwerman is a member of the Association for Corporate Growth, Turnaround Management Association, Commercial Finance Association, New York Banking & Finance (board member), NY Institute of Credit, Garden State Credit Associates, Alliance of M&A Advisors and a founding member of the NY Finance Supper Club.
MB Business Capital is the asset-based lending division of MB Financial Bank, a Commercial bank headquartered in Chicago, Illinois. MB Business Capital seeks asset-based lending opportunities in the $5 million to $50 million range and is offering dedicated syndication opportunities of up to $100 million. The firm can also provide access to the full range of business banking products and services offered by MB Financial Bank.
Zwerman can be reached at 973-795-1244 or by email at EZwerman@mbfinancial.com.