EAST BAY INSIGHTERS
Senior Vice President
MB Business Capital
T: (925) 974-3505
Background: Jim Giordano is a senior vice president for MB Business Capital, responsible for developing new asset based lending opportunities, primarily in Northern California, Northern Nevada and the Pacific Northwest. Giordano launched the Walnut Creek, California office for MB Business Capital in FY 2013.
Prior to that, he was a vice president and senior business development officer at Union Bank of California, responsible for originating new middle market commercial banking and asset based lending relationships in Northern California and the Pacific Northwest. His career in corporate finance spans over 30 years and includes business development officer positions at Bank of America Business Capital, LaSalle Business Credit, Guaranty Business Credit, FINOVA, and GE Capital.
He is a past president and active member of the Northern California Commercial Finance Association, and is an active member of the Northern California Chapter of the Turnaround Management Association. He is also an active member and former board member of the San Francisco Chapter of the Association for Corporate Growth. Giordano is a graduate of San Diego State University.
Company: MB Business Capital is a division of MB Financial Bank; a Commercial Bank that was founded in the early 1900’s and is headquartered in Chicago, IL. MB Financial Bank has over $15 billion in assets with over 90 branches in the greater Chicago, IL market. The Company is traded on NASDAQ “MBFI” and has a $2.0+ billion market capitalization. MB Business Capital is the asset based lending division of MB Financial Bank. We provide $5 million to $50 million creative asset based lending solutions to U.S. middle market borrowers with typical revenues between $20 million to $500 million. Financing needs include acquisitions, dividend recapitalizations, growth, working capital, debt restructurings, debtor-in-possession, and turnarounds. We provide flexible revolving lines of credit and term loans supported by accounts receivables, inventory, machinery and equipment and owner-occupied real estate. Additionally we provide cash flow term loans up to 25% of the total credit facility supported by predictable and stable cash flows. We are generalists providing credit facilities to manufacturers, wholesalers & distributors, national store-based retail chains and service companies. Prospects should generally be profitable with sufficient cash flow to service the proforma debt.