Legacy Corporate Lending, an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, announced the appointment of Dillon Lounsbury as Senior Vice President of Originations. Mr. Lounsbury brings over a decade of lending experience to Legacy, where he will be responsible for leading the origination and structuring of new transactions in the Southeast.
Lounsbury joins from Siena Lending Group, serving most recently as Senior Vice President, Business Development Officer, where he oversaw origination in Mid-Atlantic, North Carolina, and Tennessee. Prior to Siena, he held asset-based lending positions of increasing seniority at Wells Fargo Capital Finance and GE Capital.
"I am thrilled to join Legacy, which has quickly established itself as a strong lending platform that provides bespoke solutions with favorable structures, giving borrowers the flexibility and liquidity they need for continued growth and success,” said Mr. Lounsbury. “I look forward to supporting the firm’s origination efforts as we continue to deploy funds to companies in a wide range of industries and situations.”
“We are extremely happy to welcome Dillon to the team as we continue to build out our expert origination team at Legacy,” added Clark D. Griffith, Chief Executive Officer. “We believe Dillon’s breadth of ABL experience, deep network of relationships, and diverse lending skillset will be incredibly valuable as we further develop our solutions for companies seeking alternatives to traditional bank lending in the Southeast.”