FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Creekridge Capital Announces New Financing Product; Expands Sales Force

September 25, 2012, 06:38 AM

Creekridge Capital announced that they are adding Will Murphy and Dave Seeger to their sales force as well as launching a new revolving credit product.

Mr. Murphy will be Creekridge’s Revolving Credit Specialist. He is responsible for originating and implementing Creekridge’s new revolving credit product within their existing and new vendor partnerships. Mr. Murphy has a proven track record in sales and his experience with floor planning will be beneficial to selling this product. Mr. Murphy will report to Dave Gnade, Executive Vice President of Sales at Creekridge and will work from Creekridge’s Tennessee office.

“We are very excited to have Will join our team,” said Mr. Gnade, “He is the perfect match to sell our new revolving credit product. He will begin working with our current healthcare vendor partners to implement this new program into their customer finance offerings.”

Mr. Seeger joins Creekridge as a Business Development Manager and is responsible for managing and growing strategic vendor relationships. Mr. Seeger has a proven track record selling leasing products within the healthcare industry, with several leading leasing organizations. Mr. Seeger will report to Mike Jones, Senior Vice President of Healthcare and Alternative Markets at Creekridge and will work from Creekridge’s Pennsylvania office.

“Being able to attract candidates such as Dave is a tribute to the hard work and success of Creekridge. Dave's experience as a proven leader in the industry will be a huge asset to us as we continue our growth path and we are thrilled to have him as part of the team,” said Mr. Jones.

Creekridge has introduced a new Revolving Credit program as a unique and creative finance product that will be targeted toward their current and new healthcare vendor partners. This program will allow Creekridge’s healthcare vendor partners to provide a dedicated revolving credit line to their customers. The Revolving Credit program is a new platform that provides short-term fluctuating financing for small capital equipment purchases, consumable goods and disposable products.

“We are the ‘first to market’ with a vendor dedicated product of this type,” said Jeff Cowan, Co-CEO of Creekridge, “We feel confident in the market-changing capabilities of this new product that further differentiates us from any vendor-driven healthcare leasing company in the market.”

Creekridge Capital is an independent source of capital providing creative vendor leasing solutions primarily to the healthcare and technology industries. Based in Minneapolis, the company has offices throughout the United States.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.