TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), is pleased to announce the hiring of Kevin Nowak as Senior Vice President.

“We are very excited to have Kevin join our team,” said Joe Gaffigan, TCF Capital Funding’s President. Kevin’s extensive lending experience and lower middle market relationship focus make him an important addition to our team as we continue to serve our growing national portfolio of clients.”

Mr. Nowak is a seasoned leveraged lender, with more than 16 years of experience in the sponsor finance market, with most of that time focused on the lower middle market.  Most recently, Mr. Nowak served as Director in the Sponsor Leveraged Finance Group at Fifth Third Bank where he developed substantive relationships with private equity sponsors and expanded the group’s presence in the Northeast US.  Prior to Fifth Third, Mr. Nowak worked in a number of business development and relationship management roles at MFC Capital Funding and BMO Harris.  Mr. Nowak received a Bachelor of Science in Finance from the University of Illinois.

Mr. Nowak added, "I am very pleased to be joining such a skilled team and look forward to being part of TCF Capital Funding's future success.”

TCF Capital Funding provides cash flow and asset-based lending to lower middle market businesses.  National in scope, this senior leveraged lending group focuses on providing private equity sponsor-backed cash flow loans and asset-based loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA.