Loeb Term Solutions Welcomes Eric Grozenski to the Team as a Business Development Officer
Loeb is pleased to announce the addition of Eric Grozenski to the Loeb Term Solutions team as its newest Business Development Officer. He joins Jim Newman, Managing Partner, and the rest of the team in focusing on expanding the financial arm's equipment-based lending portfolio.
"Eric's addition to the team comes at a time of considerable growth for the company," stated Jim Newman, Loeb Term Solutions Managing Partner. "In the past 18 months, Loeb Term Solutions experienced significant growth in our lending portfolio and we are expanding our team as well."
Since 2010, Loeb Term Solutions has provided funding on over $108 million dollars' worth of industrial machinery. The company's asset-based lending division offers term loans on machinery and equipment with funding amounts ranging from $300,000 to $20,000,000.
Eric will be based out of Loeb's Detroit, Michigan office and will be working with customers throughout Michigan, Ohio, and Indiana providing equipment based financial solutions.
Eric brings more than 5 years' experience with asset-based lending and factoring in the industrial marketplace. He holds a B.A. in finance from Ferris State University.
Loeb Term Solutions is an affiliate of Loeb, a fifth generation provider of reliable equipment and related services to the industrial marketplace. For more information on Loeb Term Solutions and its recently funded deals, visit: www.loebtermsolutions.com.
To contact Eric directly regarding financing or new business opportunities, he can be reached via email at email@example.com or (773) 620-1858.
For five generations since 1880, Loeb has been a trusted provider of reliable equipment and related services that help manufacturers and financial institutions leverage their industrial assets by managing the equipment lifecycle. Headquartered in Chicago with a 150,000 square foot facility, Loeb provides: equipment sales, purchases, rentals, leasing & liquidations, certified market appraisals from Loeb Appraisal, auction services & asset disposition from Loeb Winternitz Industrial Auctioneers, and equipment term loan financing from Loeb Term Solutions. Loeb and all of its divisions are experts in providing equipment solutions to the: food, pharmaceutical, cosmetics, chemical, metalworking, woodworking, plastics, and printing industries. For more information on Loeb or any of its business units, please visit: www.loebequipment.com.