SFNet Member Spotlight: Legacy Corporate Lending, LLC
June 5, 2023
By Legacy Corporate Lending, LLC
Legacy Corporate Lending, LLC
5717 Legacy Drive
Plano, TX 75024
https://legacycorporatelending.com/
Legacy Corporate Lending is an independent asset-based lending company within the middle market. Legacy provides revolving lines of credit and term loan commitments from $10 to $40 million in transaction size. We are comfortable with a wide range of collateral types and loan purposes, offer support and flexibility during the life of the loan, and have strong financial backing that enables us to respond quickly, maximize borrower liquidity, and provide certainty of close.
SFNet Member Director, Clark D. Griffith
Clark Griffith (pictured) started his ABL career in 2000 as a risk manager, as part of a fast-track management program at GE Capital’s head office in Stamford, CT (Risk Management Leadership Program), after completing his graduate studies at Columbia University in NYC. His initial years at GE included stints at Global Risk Management (in Stamford), and the Capital Markets Group (in both Stamford and Tokyo, Japan). In 2003 he was relocated to Northern California for a Portfolio & Underwriting role at GE Commercial Finance, where he underwrote and managed both asset-based and cash flow Loans. In the Summer of 2005, GE relocated Clark to their Beverly Hills office, to support ABL sales originations, which ultimately led to him being relocated to Tokyo in 2010 to support ABL efforts in Japan. In 2013 he was put in charge of both the ABL and Sponsor Finance teams at GE Capital Japan, as Senior Managing Director of Structured Finance, and also became an Officer of General Electric Japan. Clark was later requested to support the wind down GE Japan’s Structured Finance unit in conjunction with GE’s disposition of most of their financial service businesses worldwide. He returned to Los Angeles, CA in 2015 to establish an ABL lending division for a top-ten factoring lender, Hana Financial, Inc., as Founder and President of Hana Business Capital, LLC. In the summer of 2017, he joined Encina Business Capital (currently Eclipse Business Capital) as he head of West Region Originations, and slightly over a year later, joined a former GE colleague at White Oak Global Advisors, LLP as part of a lean six-person team doing large special situation ABLs, where he sourced, structured, and managed loans for White Oak ABL, LLC. While at White Oak, Clark relocated from California to Texas. Clark co-founded Legacy Corporate Lending, LLC in the summer of 2022. Clark resides north of Dallas, in Frisco, TX with his wife and young daughter.