Aequum Capital Financial, a middle-market asset-based lender, announced the addition of lending industry veteran Bill Drmacich. Based in the Southeast, Bill has joined Aequum as Head of Originations. In this role, he will be responsible for sourcing new lending opportunities and supporting the strategic growth of origination efforts beyond the greater Midwest.
"Bill has a strong history of building relationships with company executives, investment bankers, turnaround consultants, and private equity sponsors," said John Stanfield, CEO of Aequum Capital. "His deep network of national relationships, combined with his track record of providing thoughtful capital solutions to middle-market borrowers, makes him a valuable addition to our team."
With over 25 years of experience in the Southeast, Drmacich will work closely with the broader Aequum team to deliver senior debt solutions to a wide range of middle-market companies nationwide. Aequum targets senior debt needs of up to $35 million, with a focus on creative and flexible financing structures that fall outside the mandate or risk tolerance of traditional commercial banks. As a private, unregulated lender, Aequum has fewer constraints and greater flexibility than regulated financial institutions.
"I am very excited to join the highly capable team at Aequum and contribute to its next phase of growth," said Drmacich. "The strength of the platform, the quality of the team, and the robust capital base were key drivers in my decision to join."
Drmacich's prior experience includes leadership roles at financial institutions such as HSBC, GMAC, CIT, and Ares. He is an active member of the Turnaround Management Association (TMA), the Secured Finance Network (SFNet), and the Association for Corporate Growth (ACG).