NEW YORK and ATLANTA (PRWEB) June 11, 2018
Change Capital, a commercial financing provider headquartered in New York City, has announced the opening of a full-time office in Atlanta, to service existing clients in the Southeastern U.S. and to capitalize on opportunities in the region.
The company has hired Michael Kodinsky to lead business development efforts out of Atlanta. Kodinsky was most recently Regional Vice President of Sales at LSQ, a factoring and accounts receivable financing provider. Prior to LSQ, Kodinsky spent over 14 years in various top-performing sales and business development roles, at TriNet, Euler Hermes, and Yell Group.
“We are thrilled to have Michael on our team, leading our growth in Atlanta and the Southeast region,” stated Raffi Azadian, CEO of Change Capital. “Michael’s experience, dynamism, and natural leadership skills will be of great benefit as we work to break into and expand our business in this fast-growing territory.”
With headquarters, underwriting and back-office operations in New York and origination and service locations in Chicago, Los Angeles, and now Atlanta, Change Capital provides creative, flexible, and timely capital solutions to small and medium businesses across the country.
Change Capital’s solutions include:
- Interim working capital to improve a business’ financial condition in preparation for bank/non-bank financing
- Contingent capital availability to take advantage of preferential purchasing or investment opportunities, execute on large or unexpected customer contracts and purchase orders, accelerate growth and expansion opportunities, buyout equity partners, provide liquidity to private equity owners, etc.
- Bridges to 3rd party financing, M&A or other liquidity events
- Subordinated stretch pieces and over-advances in conjunction with senior institutional lenders