Financial Services. (Newsmakers).GE Business Credit a unit of GE Corporate Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , has named Sam Yegan vice president of origination for its Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. market. Yegan will help manage new business development initiatives, including all asset-based lending Asset-Based Lending A business loan secured by collateral (assets). The loan, or line of credit, is secured by inventory, accounts receivable and/or other balance-sheet assets. Also known as "commercial finance" or "asset-based financing". transactions between $5 million and $30 million. Yegan was previously a vice president and client manager for Citibank Commercial Markets. |
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