Northpoint Commercial Finance Asset Based Lending Hires Industry Veteran Robert Parks

ALPHARETTA GA, January 18, 2022 – Northpoint Commercial Finance Asset-Based Lending announced that industry veteran Robert J. Parks has joined as a Business Development Officer. Based in Southern California, he will be responsible for new business origination throughout North America, deepening borrower and referral relationships.

“Robert is highly regarded as an asset-based lending expert and skilled advisor,” said Robert Wagner, Northpoint General Manager and Head of Asset-Based Lending. “He has a substantial history of rapid market penetration, prospect generation and successful deal conclusion. We’re excited for his insights and contributions, which will benefit Northpoint clients.”

Mr. Parks brings more than three decades of experience in senior lending and commercial finance; asset-based lending, leveraged finance and capital markets expertise; deep sales management skills; and a robust network of connections. He has been a leading producer of loan originations with some of the nation’s largest banks and commercial finance companies, several of which he co-founded.

Over his career, he has led efforts to expand into new markets, increased geographic footprints, and developed innovative products and financing solutions. He has worked with hundreds of publicly traded, privately held, private equity sponsored, and family-owned companies, assisting with financing for growth, acquisitions, recapitalizations, or turnaround situations. Most recently, he led Asset Based Lending and Commercial Lending efforts for Pacific Mercantile Bank, where he was a top producer.

Mr. Parks is a graduate of San Diego University, where he earned his undergraduate degrees in Management and Finance.

Northpoint is a market leader in asset-based lending and inventory financing to manufacturers and dealers across the United States and Canada.

About Northpoint Commercial Finance

Northpoint Commercial Finance, with offices in Alpharetta, GA, and Burlington, ON, combines experience with advanced technologies, fresh ideas, streamlined processes, and a customer focus formed specifically for the varied financing needs and goals of each business. Northpoint’s Inventory Finance solutions drive sales, enhance cash flow, and improve profitability for manufacturers and dealers. Their Asset-Based Lending solutions maximize working capital, encourage growth, and enable debt refinancings, recapitalizations and restructurings. More information about Northpoint and its financing solutions is available at https://northpointcf.com/asset-based-lending/