U.S. Bank Asset Based Finance has named Todd Gronski senior vice president, western United States. In this role, Gronski will lead a team of portfolio specialists who are responsible for underwriting and structuring client transactions.

 "Our clients will benefit from Todd's extensive experience and from his capacity to generate innovative solutions. They can expect in-depth investment and asset-based lending knowledge, in combination with a collaborative and inclusive approach to lending," said Tim Turner, senior vice president, U.S. Bank Asset based Finance.

Gronski brings more than 20 years of industry experience, and prior to joining U.S. Bank, was a credit executive with JP Morgan Chase. Previous to this, Gronski held the position of senior risk officer with General Electric Capital Corporation's corporate finance leasing program. Gronski holds a B.S. in Finance from Arizona State University and a M.B.A. from San Jose State University.

U.S. Bank Asset Based Finance is one of the nation's fastest-growing asset based lenders providing financing solutions to middle-market and large cap companies in the United States and Canada. Financing supports working capital, growth, acquisitions and turnarounds across a wide spectrum of manufacturers, distributors, service providers and retailers.