WNB Specialty Finance announced the addition of William Bogatay as Southwest Regional Manager who will be responsible for all new business in Texas and the contiguous states. Bogatay will assist in expanding WNB’s North American presence by originating senior secured debt facilities for companies in the Southwest.  Bill will be based in Dallas, TX.

Bogatay joins WNB Specialty Finance with significant lending experience in both cash flow and asset-based lending.   He has worked for Bank of America, PNC Business Credit and GMAC, all in a senior capacity to generate deal flow where he has seen tremendous success.

“We are happy to have Bill join our growing team and expand our product offerings to the Southwest,” said Tim Hanchett, Managing Director of Business Development for WNB. “We welcome Bill and look forward to sharing his high energy and expertise in devising creative leveraged finance solutions to deploy capital to middle market borrowers in the Southwest.”

WNB Specialty Finance, headquartered in Southeast Michigan with a national platform, is the asset-based lending and equipment finance division of Texas-based Woodforest National Bank, based in The Woodlands, Texas.   WNB Specialty Finance is focused on direct ABL solutions to middle-market companies and strategic partnerships with other financial institutions on larger ABL deals. The firm provides flexible financing solutions to sponsor-owned and corporate borrowers at competitive rates and terms across a wide range of industries, including automotive, consumer products, retail, distribution, manufacturing, and energy and business services. Use of proceeds can be used to fund leveraged buyouts, recapitalizations, refinances, restructurings, growth, and support working capital.