Stonebriar Commercial Finance (“SCF”) announced that Jason Farr and Jeff McCoy have joined the company as Vice Presidents of Credit reporting directly to Jeff Wilkison, Senior Vice President and Chief Credit Officer. Both Jason and Jeff will be responsible for portfolio management, credit underwriting and transaction documentation and will assist Mr. Wilkison in the oversight and training of SCF’s credit analyst staff.
Mr. Farr joins SCF after 8 years of experience with the Lender Finance unit of Wells Fargo Capital Finance where he most recently held the position of VP, Underwriter with the responsibility of underwriting transactions between $25MM and $100MM. Previous positions with that unit included VP, Account Executive and Senior Credit Analyst managing a portfolio of clients and credit facilities. Prior to his time at Wells Fargo, Jason spent 4 years at Citicapital as a Credit Relationship Manager and Credit Analyst.
Mr. McCoy joins SCF following 2 years with BBVA Compass where he was the Chief Credit Risk Officer for the Equipment Finance Division, maintaining the division’s sole credit authority for transactions up to $50MM. His responsibilities included the development and refinement of the division’s credit policies, liaising with internal audit, and managing overall deal flow. Jeff brings a total of 25 years of credit and risk experience to SCF, including positions at AIG Commercial Asset Finance and Transamerica Equipment Financial Services where he worked with several current members of the SCF Senior Management team.
Jeff Wilkison stated “With the tremendous pace of our success and expectations for continued growth, we were looking for people who could add depth and knowledge to our credit team. Both Jason and Jeff add significant experience to our staff and I look forward to their contributions.” Dave B. Fate, President and CEO of SCF added, “Jason and Jeff are very important new hires to SCF plans for growth. Beyond the knowledge and experience they bring to the role, their presence will help our credit staff as well as our entire organization continue to provide timely and prudent responses to our existing and prospective customers.
About Security Benefit Corporation: Security Benefit has more than $28 billion in total assets under management and partners with more than 30,000 licensed and appointed financial planners and representatives through a network of 700 broker/dealers and independent marketing organizations. In addition, Security Benefit Life Insurance Company (“SBL” and its New York affiliate, First Security Benefit Life Insurance and Annuity Company of New York (”FSBL”), provide fixed and variable annuities to approximately 230,000 policyholders. We are known nationwide and serve the financial needs of customers in all 50 states. To learn more about Security Benefit go to www.securitybenefit.com.