TCF Capital Funding, a division of TCF National Bank, announced the hiring of Andrew Barnes as Vice President.

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

Andrew has over ten years of experience in investment banking and leveraged finance.  Prior to joining TCF, Andrew was an Associate Director at Babson Capital Management in their Middle Market Lending Group where he primarily focused on executing, originating and monitoring senior debt investments for the firm’s private equity clients. Prior to Babson, Andrew was a Senior Associate at Madison Capital Funding, with primary responsibilities that included assisting with underwriting and syndication of credit facilities.  Prior to Madison Capital Funding, Barnes served in various investment banking /advisory roles at Hovde Financial, AG Edwards and Sons and Stifel Nicolaus. 

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.