Experience

Sterling Commercial Capital LLC

• United States
• Financial Services
• 1 - 100 Employee

• Senior Business Development Officer

  • Jul 2013 - Present

  Representing asset based lending/factoring for Sterling Commercial Credit. The small to mid market start-up, high growth, bank exit, and turnaround can count on rapid action for loan sizes $50,000-$3,000,000. Have funded numerous loans in variety of industries loan size $10,000-$3,000,000 in various form of distress (high growth with no working capital to bank and sheriff the door to close operations. Twenty years in credit/portfolio and liquidation served all very well. Those who are on the bank "watch list" are especially vulnerable to swings in lenders point of view on small sized loans/or vagaries/ capricious nature of US Government bank policy forcing bank action. Have several industry agnostic buyers for marginal situations with revenue in excess of $2MM. don@sterlingcommercialcredit.com rudnikdon@aol.com Cell 773-771-9251 Office 773-298-0595 Show less



Miramar Capital Partners

• Partner

  • Jan 2011 - Jul 2013

  Acquisitions of smaller revenue $2MM-$50MM with marginal profits or losses for expansion or turnaround. Works with a buyer of over 80 acquisitions also financial consulting and loan placement Acquisitions of smaller revenue $2MM-$50MM with marginal profits or losses for expansion or turnaround. Works with a buyer of over 80 acquisitions also financial consulting and loan placement



Greenfield Commercial Credit

• United States
• Financial Services
• 1 - 100 Employee

• Sales

  • Mar 1998 - Nov 2010

  During an exceptionally long sales career(by current standards) did so by consistently identifying non bankable lending situations and negotiating up to point of documentation. Total loans including factoring purchases and renewals near $500MM. Did benefit as being part of solid team -then the economy tanked. Was chosen to appear on national panels representing non bank lending for consultant groups as well as workshops (acquisitions, due diligence, marketing, and credit created for small -mid sized businesses. Show less



Resolution Trust Corporation

• Credit Specialist

  • Jan 1989 - Jan 1991

  Field Credit Specialist involved in interventions-sale Two Savings And Loan of assets and one clean-up. All three institutions had in excess of $500MM and major commercial and consumer loan portfolio issues prior to sale. As second youngest Credit Specialist in nation had portfolio, ongoing operations, liquidation, legal environment as well and personnel responsibility(often working with local and Federal authorities). A government program that worked as had employees with sunset clauses and a mission to dismantle as last resort. Also in litigation, if we could have stockpiled CPA's or lenders on jury the conviction rate of miscreants would have been much better. Show less



Security Pacific Business Credit

• Division Credit Manager

  • Jan 1979 - Mar 1986

  Was portfolio manager/workout specialist for portfolio of $60MM. Last position was Division Credit Manager for $300MM three Regions Was portfolio manager/workout specialist for portfolio of $60MM. Last position was Division Credit Manager for $300MM three Regions