Encina Business Credit announced that Ken Pardue joined its business development team as a Senior Managing Director.

Pardue is a senior leveraged finance professional with over 20 years’ experience in executive management, new deal originations, and underwriting and portfolio management. He previously served in leadership roles at Marquette Business Credit, Hilco, and PNC Business Credit. He has also successfully held positions in corporate finance, marketing, and accounting.

In his role, Pardue will be joining forces with Steve Beriau, an existing Encina business development executive in Chicago. Together they will be responsible for expanding business development and originations in Chicago, Milwaukee, Cleveland, Kansas City and Minneapolis.

“We are excited to welcome Ken on board. His expertise in structuring deals and new business origination will undoubtedly help Encina continue to meet its growth objectives. Ken’s role will be key in promoting the Encina brand throughout the Midwest, and his track record for delivering results make me confident that his contributions will be important to our success” said Rob McMahon, Encina’s Chief Commercial Officer.