Cory Damm
Managing Director at Velocity Equipment Finance- Claim this Profile
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Bio
Mike Mooney
Working with Cory at Direct Capital was a real pleasure, he brought a creative and independent mind to the team, which proved to be a successful match for all parties involved, especially with new market segment creations with YUM brands for the firm. Along with his ability to drive business with little direction, Cory's adventurous spirit was an inspiration which made working side by side in a demanding position very easy.
Peter Tupper
During my time at Direct Capital, Cory was quite maticulious with every transaction he worked on. Cory has quite the knack for business development; is very good at identifying the clients needs and understanding those needs to help the customer reach there goals. I would highly recommend Cory's work.
Mike Mooney
Working with Cory at Direct Capital was a real pleasure, he brought a creative and independent mind to the team, which proved to be a successful match for all parties involved, especially with new market segment creations with YUM brands for the firm. Along with his ability to drive business with little direction, Cory's adventurous spirit was an inspiration which made working side by side in a demanding position very easy.
Peter Tupper
During my time at Direct Capital, Cory was quite maticulious with every transaction he worked on. Cory has quite the knack for business development; is very good at identifying the clients needs and understanding those needs to help the customer reach there goals. I would highly recommend Cory's work.
Mike Mooney
Working with Cory at Direct Capital was a real pleasure, he brought a creative and independent mind to the team, which proved to be a successful match for all parties involved, especially with new market segment creations with YUM brands for the firm. Along with his ability to drive business with little direction, Cory's adventurous spirit was an inspiration which made working side by side in a demanding position very easy.
Peter Tupper
During my time at Direct Capital, Cory was quite maticulious with every transaction he worked on. Cory has quite the knack for business development; is very good at identifying the clients needs and understanding those needs to help the customer reach there goals. I would highly recommend Cory's work.
Mike Mooney
Working with Cory at Direct Capital was a real pleasure, he brought a creative and independent mind to the team, which proved to be a successful match for all parties involved, especially with new market segment creations with YUM brands for the firm. Along with his ability to drive business with little direction, Cory's adventurous spirit was an inspiration which made working side by side in a demanding position very easy.
Peter Tupper
During my time at Direct Capital, Cory was quite maticulious with every transaction he worked on. Cory has quite the knack for business development; is very good at identifying the clients needs and understanding those needs to help the customer reach there goals. I would highly recommend Cory's work.
Experience
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Velocity Equipment Finance
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United States
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Financial Services
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1 - 100 Employee
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Managing Director
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May 2023 - Present
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Flexing Capital
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United States
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Financial Services
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CEO & Managing Director
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May 2022 - Apr 2023
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TimePayment
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United States
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Financial Services
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100 - 200 Employee
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VP & GM, Capital Markets and Strategic Partnerships
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Aug 2021 - Jan 2022
Senior management team member responsible for the development of a new syndication business revenue channeland leading strategic partnerships.• Closed multiple lender/bank transaction purchasing agreements; delivered new corporate revenue streams• Created and executed strategic business development marketing initiatives for company’s third-party originationand placement relationships• Led firm’s portfolio purchase buy-side activity; negotiated ‘common document’ commercial financing contractaccepted by multiple lenders• Expanded corporate-wide asset class and credit coverage addressable markets to drive new originations acrossorganization Show less
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VP, GM, Marketing and F&B
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Apr 2020 - Aug 2021
Senior management team member responsible for developing, implementing, executing, strategic businessdevelopment, marketing initiatives, P&L responsibilities for the Restaurant Finance group.• Developed full customer lifecycle marketing campaigns• Led redesign of all corporate branding, collateral, corporate logo, business card, pitch decks, etc• Implemented Nintex in SalesForce; improved corporation-wide sales efficiencies in the delivery of pitch decks,proposals, and standardized documentation creation• Designed and implemented trigger-based email notifications internally to increase sales team response times andautomate external marketing messaging Show less
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VP & GM Restaurant and Franchise Group
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Oct 2019 - Aug 2021
Senior management team member responsible for developing, implementing, executing, the strategic business unitdevelopment, marketing initiatives, leading integration and unification of the firm’s first two acquisitions, P&Lresponsibilities for the Restaurant Finance group.• Developed and launched a new origination's channel in National Chain franchise, creating $2+m new originationsin 10 months• Led roll-up and merger of three independent brand teams (TimePayment, Kingswood, LeaseQ)• Recruited and hired supporting senior leadership specialists in restaurant vendor development• Led design, planning, development, and outfitting of new 45-seat office location Show less
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VP, Business Development & Marketing
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Jul 2018 - Oct 2019
Senior management team member responsible for developing, implementing, executing the strategic businessdevelopment and marketing initiatives for the entire organization. Lead development initiatives to meet companytargets for growth, retention, and profitability, in the business markets and service lines served by the organization,and contributed to the senior management of the company.• Led complete website overhaul and modernization of TimePayment.com• Led multi-channel, multi-vertical social media presence and engagement campaigns• Developed new strategic origination channel with national ‘A’ tier lenders, creating +$1m first year originations• Led initial deployment of Marketing Cloud; implemented list build/lead gen toolkit Radius• Participated in the complete redesign and deployment of SalesForce data architecture• Led deep vertical market research project to ID market needs and prime areas of entry in core markets Show less
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Director
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Jun 2018 - Jul 2018
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LeaseQ
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United States
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Financial Services
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1 - 100 Employee
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Vice President
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Jan 2013 - May 2018
- Responsible for all day to day sales process and team management- Launched four primary business units; Food Service Equipment, Commercial Fitness, Transportation, Medical Tech- Grew team from 1 resource to 8 to serve vertical markets - Discovered and Developed 200+ vendor relationships - Designed and Architected enterprise wide SalesForce iteration- Led sales in Fitness vertical, capturing 25% of fitness dealers in US in 7 months - Hired and developed sales team and cross functional departmental resources- Identified, engaged, and captured additional lessors for the LeaseQ platform - Developed credit and funding process, hired senior team to execute Show less
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Director of Business Development
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Jun 2012 - Jan 2013
Sales team development & management Developed national scale vendor program originations practice across multiple vertical marketsDeveloped company wide sales strategy and assetsDelivered Sustained Q/Q growth of 40%SalesForce.com Administrator- Developed and implemented customized CRM iteration to manage all operational and sales processes.
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Fund Raising
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Jul 2009 - Mar 2014
www.transbike.weebly.com Organizing and creating Bike for Life 2009. A transcontinental bicycle ride - 3.500 Miles 18 States 60 Days 2 Asses. Follow our journey and donate to the cause at www.transbike.weebly.com www.transbike.weebly.com Organizing and creating Bike for Life 2009. A transcontinental bicycle ride - 3.500 Miles 18 States 60 Days 2 Asses. Follow our journey and donate to the cause at www.transbike.weebly.com
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Commercial Capital Consultant
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Jun 2010 - May 2012
B2B Financing consultation, origination, structured asset sales, single tenant retail and franchise R/E financing, commercial R/E brokerage. B2B Financing consultation, origination, structured asset sales, single tenant retail and franchise R/E financing, commercial R/E brokerage.
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Restaurant Dante
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Cambridge, MA
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Assistant General Manager
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Aug 2010 - Apr 2012
Day to day operations of 280 seat fine dining Italian Restaurant. Winner of Best of Boston 'Fine Dining, Italian' 2012 Day to day operations of 280 seat fine dining Italian Restaurant. Winner of Best of Boston 'Fine Dining, Italian' 2012
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Private Ski Instructor
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Dec 2008 - Apr 2010
Providing customized long term private ski lessons for all ages and levels from beginner to world cup. Group Management Effective Tutoring Ability to break down and explain dynamic body movements in easy to mimic functions Providing customized long term private ski lessons for all ages and levels from beginner to world cup. Group Management Effective Tutoring Ability to break down and explain dynamic body movements in easy to mimic functions
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Project Consultant
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Feb 2009 - May 2009
-Consulted with CEO and CFO on structure and placement of $50 Million in funding needs for pharmaceutical manufacturing plant acquisition and FDA trial operations. -Consulted with CEO and CFO on structure and placement of $50 Million in funding needs for pharmaceutical manufacturing plant acquisition and FDA trial operations.
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CIT Direct Capital
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United States
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Financial Services
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1 - 100 Employee
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Franchise Finance Manager
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Mar 2007 - Jul 2008
Distinction- Top Producing Partnership 2007 in 200 person sales force-Responsible for development & management of accounts with national QSR franchisors/franchisee bases including both YUM! Brands and Kahala Restaurants-Identification & creation of strategic horizontal and vertical integration into concepts creating multiple "preferred funding provider" designations. - 200% growth YOY 07'-08' in market spaces accomplished with extensive co-branding. -Developed new financing products, enabling clients to unroll product on national scale.-P&L, Balance Sheet, Cash flow analysis and projections. -Identified, captured, managed new segment opportunities creating $1.5 million in originations.-Project management of complex transactions, mergers and acquisitions, restaurant constructions.-Industry tradeshow participation, sole representative at 7 events and 2 HQ tours.-Accomplished experience working with C-level Mgmt. of national public and private firms.-Coordinated & managed, multi-firm & department, multi-layered marketing campaigns.-Driven to maintain customer loyalty and relational sales. -Provided targeted cold call training to Jr. sales representatives. Coached three Jr. reps. Show less
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Account Executive
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Jan 2007 - Mar 2007
-Trained in reading and analyzing consumer credit bureau reports -Cold calling 250+ perspective leads daily -B2B direct sales of financial services Server-
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Education
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Harvard Extension School
Finance -
Marketing and Finance University of New Hampshire Whittemore School of Business
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Prospect Mountain
Community
