Berkshire Bank Mid Atlantic Asset Based Lending Bolsters Team with Industry Veteran

Berkshire Bank Mid Atlantic Asset Based Lending Bolsters Team with Industry Veteran


BOSTON, MA - March 12, 2021 -- Berkshire Bank, a purpose-driven community bank announced an addition to their Asset Based Lending Team in the Mid-Atlantic Region, Ben Garcia, SVP, ABL Relationship Manager. Mr. Garcia joined Berkshire Bank in March of 2021 and previously worked for Wells Fargo Capital Finance as a Business Development Officer. Berkshire’s ABL group supports lower middle market companies throughout the Mid Atlantic and New England regions with a portfolio size of approximately $800 million in commitments.
 
Ben is an industry veteran, coming over after 20+ years at Wells Fargo sourcing a variety of ABL transactions from $2MM to $50MM in deal size.  Ben is a great fit to the team and bolsters our presence and coverage in Northern NJ/NY.

“The Berkshire Mid Atlantic ABL portfolio has experienced significant growth over the past four years and Ben is a welcome addition to continue that momentum in having Berkshire Bank be a top choice for the financing needs of middle market companies.”  Said Kenneth Kaestner, ASVP, ABL Regional Lending Leader. “His past experiences and customer service focus is a perfect fit for our team and aligns with the Bank’s values and priorities.”

Garcia has worked with several financial institutions, including MTB Bank, CIT Group and Midland Bancorp.
 
More about Ben Garcia, position
 
Ben Garcia has worked in the financial services arena for over 30 years, providing a high level of passion and first-class service to his clients. He is a graduate of Rutgers University.

Ben Garcia is an active member with more than 20 years in national and local finance organizations such as the NY, NJ and National SFNet, the Turnaround Management Association metro NY chapters, Association for Corporate Growth metro NY Chapters, Garden State Credit Association, and he volunteers on several executive boards with the Commercial Finance League.
 

About Berkshire Bank

Berkshire Bank is a 21st-century community bank committed to purpose-driven performance based on its Be FIRST corporate responsibility culture.  

Berkshire Bank provides business and consumer banking, mortgage, wealth management, investment, and insurance services. The Bank has approximately $12.6 billion in assets and operates 130 branch offices primarily in New England and New York, with an agreement to sell its eight Mid-Atlantic branches. Headquartered in Boston, Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank and is a member of the Bloomberg Gender-Equality Index. To learn more, call 800-773-5601 or follow us on FacebookTwitter, Instagram, and LinkedIn.


Media Contacts:

John Lovallo

Email: jlovallo@levick.com

Tel: (917) 612-8419

 

Cate Cronin

Email: ccronin@levick.com

Tel: (202) 738-7302