Big Shoulders Capital announced that seasoned industry veteran Tim Serritella has joined the company as Senior Vice President. Serritella will be responsible for developing business for all of the firm's verticals with a focus on expanding their equipment-based lending portfolio, distressed bank note purchases and auction services.

Serritella has a long history in the banking and finance industry and is firmly entrenched in the business community as an active member of the TMA, SFNet, IFA and ACG. His past experiences in banking and finance include working as loan workout officer, working in business development for a Midwest commercial lender, and leading the turnaround of a multi-million-dollar logistical services company. He has formed and successfully operated a variety of entrepreneurial ventures including an independent commercial loan brokerage business. Serritella entered the industrial marketplace in 2012 where he focused on sourcing asset disposition and bridge loan opportunities.

“Tim is a great addition to the Big Shoulders Capital team. His depth of experience and informed perspective fits in perfectly with our business philosophy. I’m very happy to welcome Tim on board” said Joe Prudden, Big Shoulders President.

“I’m excited to join Big Shoulders Capital at a time where economic conditions are creating a greater demand for alternative options for companies to obtain capital," Serritella said. "I’ve known and worked with Big Shoulders Capital and PPL Group for many years and have always been impressed with their capabilities and 'out of the box' perspective when assisting clients.”