BOSTON--(BUSINESS WIRE)--Callodine Commercial Finance (“CCF” or the “firm”) today announced the hiring of Kathy Dimock and Michael Watson as key additions to the firm. Both bring years of experience in the asset-based lending space and complement the firm’s existing team and capabilities.
Ms. Dimock will be responsible for sourcing, originating and structuring new lending investments for CCF. Prior to joining CCF, Ms. Dimock spent 31 years with Bank of America and its predecessor organizations in various roles including client management and credit portfolio management. Ms. Dimock brings significant experience in relationship management and new business development, most recently as a Corporate Banker responsible for a large portfolio of upper middle market and global corporate clients.
Mr. Watson will be responsible for underwriting, structuring, and portfolio management for CCF. Prior to joining CCF, Mr. Watson spent six years at Wells Fargo Capital Finance, most recently as a Director and Senior Relationship Manager in the Retail Finance Group. Mr. Watson brings over a decade of experience in underwriting, portfolio management and restructuring of asset-based loans to North American based borrowers.
“We are thrilled to have Kathy and Mike join the team to further strengthen an already best-in-class ABL franchise,” said Gene Martin, CEO of CCF. “We will continue to invest in our business by adding the talent and resources necessary to fully capitalize on the significant market opportunity we see within asset-based lending.”
About Callodine Commercial Finance
Callodine Commercial Finance (“CCF”) is a provider of asset-based loans to middle market companies in the U.S. and Western Europe. CCF serves as a complementary financing source, filling a gap between where traditional capital providers are comfortable lending and the capital a company needs. CCF is a subsidiary of Callodine Group. For additional information about the firm, please visit Callodine’s website at www.callodine.com.