don rudnik

Field Credit Specialist involved in interventions-sale Two Savings And Loan of assets and one clean-up. All three institutions had in excess of $500MM and major commercial and consumer loan portfolio issues prior to sale. As second youngest Credit Specialist in nation had portfolio, ongoing operations, liquidation, legal environment as well and personnel responsibility(often working with local and Federal authorities). A government program that worked as had employees with sunset clauses and a mission to dismantle as last resort. Also in litigation, if we could have stockpiled CPA's or lenders on jury the conviction rate of miscreants would have been much better.

Acquisitions of smaller revenue $2MM-$50MM with marginal profits or losses for expansion or turnaround. Works with a buyer of over 80 acquisitions also financial consulting and loan placement

During an exceptionally long sales career(by current standards) did so by consistently identifying non bankable lending situations and negotiating up to point of documentation. Total loans including factoring purchases and renewals near $500MM. Did benefit as being part of solid team -then the economy tanked. Was chosen to appear on national panels representing non bank lending for consultant groups as well as workshops (acquisitions, due diligence, marketing, and credit created for small -mid sized businesses.

Was portfolio manager/workout specialist for portfolio of $60MM. Last position was Division Credit Manager for $300MM three Regions

* Representing asset based lending/factoring for Sterling Commercial Credit. * The small to mid market start-up, high growth, bank exit, and turnaround can count on rapid * action for loan sizes $50,000-$3,000,000. Have funded numerous loans in variety of industries loan size $10,000-$3,000,000 in various form of distress (high growth with no working capital to bank and sheriff the door to close operations. Twenty years in credit/portfolio and liquidation served all very well. * Those who are on the bank "watch list" are especially vulnerable to swings in lenders point of view on small sized loans/or vagaries/ capricious nature of US Government bank policy forcing bank action. * Have several industry agnostic buyers for marginal situations with revenue in excess of $2MM. * don@sterlingcommercialcredit.com * rudnikdon@aol.com * Cell 773-771-9251 * Office 773-298-0595

Activities and Societies: Worked full time simultaneously