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TCF Capital Funding Expands Team With Two New Hires

Date: Oct 26, 2016 @ 07:48 AM

TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced the hiring of Mason Valadez as Senior Associate and LeeAnn Racevice as a Collateral Analyst.

Valadez will be involved in all aspects of screening, due diligence, underwriting and monitoring of leveraged loans to support lower middle market private equity and entrepreneur–owned buyouts, recaps and refinancings.  

Prior to joining TCF, Valadez was an associate at The Private Bank and prior to that a Credit Analyst at First Bank & Trust.  He received his BBA in Finance, Investment and Banking from the University of Wisconsin-Madison.
          
In addition, Racevice joins the operations team as a Collateral Analyst and will act as a liaison between the customer and Relationship Manager and provide monitoring and operational support related to collateral, loan advances and pay downs, deposit accounts, covenant tracking and loan closing and funding. 

Prior to joining TCF, Racevice was a Credit Administrator with GE Capital and prior to that held positions with CIT Business Credit and Freemont Financial.

“By bringing on high quality hires like Mason and LeeAnn and expanding our TCF Capital Funding team, we are further prepared to meet the growing needs of our expanding national client base.  We are thrilled that they elected to join us”, added Joe Gaffigan, TCF Capital Funding’s President.

TCF Capital Funding provides cash flow and asset-based lending to lower middle market businesses.  National in scope, this senior leveraged lending group focuses on providing private equity sponsor-backed cash flow loans and asset-based loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA.  To learn more about TCF Capital Funding, visit www.tcfcapitalfunding.com.

TCF is a Wayzata, Minnesota-based national bank holding company. As of September 30, 2016, TCF had $21.1 billion in total assets and 341 branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona and South Dakota, providing retail and commercial banking services. TCF, through its subsidiaries, also conducts commercial leasing, equipment finance, and auto finance business in all 50 states and commercial inventory finance business in all 50 states and Canada.

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