Legacy Corporate Lending announced that Terrance McKinney joined the firm as Executive Vice President of Portfolio Management. McKinney will be based in Plano, TX and will be responsible for ensuring all new and existing transactions are maintained in compliance with the firm’s Portfolio Management Guidelines and Credit Policies.

McKinney brings to Legacy more than 30 years of asset-based lending and commercial finance experience. Most recently, he served as Senior Vice President and Asset Based Portfolio Specialist at Bank of America Business Capital. He previously held portfolio management roles at PNC, Wells Fargo, SouthTrust Bank, and Ft. Wayne National Bank.

“We are thrilled to welcome a talented and experienced executive of Terry’s caliber to the team at this exciting time for Legacy,” said Lawrence Ridgway, COO of Legacy. “Terry’s deep ABL industry and portfolio management expertise makes him the perfect person to bolster our Portfolio team and we look forward to his important contributions as we continue to grow our portfolio.”