Milberg Factors, one of the largest factoring and commercial finance companies in the U.S., announced the promotion of William A. Zisfein to Executive Vice President.
  
Since 1998 Zisfein has served as Senior Vice President at Milberg Factors. As a senior lending officer, he oversees the management of many of Milberg’s largest clients. Said Chairman Leonard Milberg, “Bill has served both Milberg and his clients exceptionally well during his tenure as Senior Vice President. We look forward to an even greater level of growth as he steps into his new role as Executive Vice President.”

Zisfein came to Milberg from Republic National Bank, where he was Senior Vice President and one of the three Team Heads overseeing middle-market lending for the bank. Previously, Zisfein had worked for Bankers Trust Company, National Spinning and CIT Financial/Meinhard Commercial. Zisfein is a graduate of Boston University and received his MBA from Pace University.

Milberg Factors, Inc. is one of the largest factoring and commercial finance companies in the United States, providing clients with factoring services, working capital financing, accounts receivable management, acquisition and debtor-in-possession financing. Milberg also manages loans and provides collateral management services to major commercial banks.