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Rise Line Business Credit Grows Middle Market ABL Team, Opens Chicago Office

August 07, 2018, 07:16 AM

Rise Line Business Credit announced that Michael Molenda has joined the company, along with recent hires Tahmina Igamberdiev and Arina Zanin. Molenda, Managing Director of Originations, will be responsible for growing the platform through sourcing and arranging new opportunities.  Rise Line recently launched their commercial lending business for companies seeking capital to fund their operations, acquisitions, and restructuring activities.

“We are very excited to welcome Mike,” said Gaurang Vyas, Founder and Managing Principal of Rise Line. “Mike’s extensive experience in senior lending as well as his deep-rooted relationships across a variety of referral sources will enhance our market footprint. Our team’s experience through multiple cycles and across sectors will allow us to proficiently serve our clients.”

Mike Molenda brings over twenty-five years of underwriting and originations experience to Rise Line. Mike has an extensive history of tailoring facilities and grooming customer relationships.  Through his prior experience, he has contributed to the growth of multiple portfolios and has an extensive lending history.  Mike is well known across the industry for providing creative structures while serving his capital partners’ needs.

“I am thrilled to join the team at Rise Line and eager to build on their asset based lending platform,” said Mike. “The team is highly motivated and experienced in providing lower middle market companies with flexible finance solutions.”

Before joining Rise Line, Michael Molenda served as a Managing Director at Regions Bank, Great Rock Capital, Capital One and GMAC Commercial Finance (now Ally Commercial Finance). 

Mike’s experience also includes senior positions at Merrill Lynch Capital, PPM Corporate Finance, and Heller Financial.  Mike earned his B.B.A at University of Michigan and his M.B.A. at University of Chicago.  Mike holds his Series 63 and 79 licenses.

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