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Sertant Capital Adds Two Business Development VPs

April 30, 2019, 07:25 AM

Grant Centers and Hank Machado have joined Sertant Capital, each as Vice President, Business Development focusing on mid- and large-ticket structured financing as well as “application only” vendor financing.

Both Centers and Machado will be based in Washington state and report to Executive Vice President, Sales and Business Development Michael Bivins.

Centers joins Sertant with 20 years of experience as a corporate publicist, 18 years of which were as the founder and President of his own public relations company. In 2017, Centers shifted to the finance industry with Balboa Capital, where he was one of only two executives in company history who achieved President’s Club status in their first year. Born in Arizona, Centers earned his bachelor’s degree from Claremont McKenna College in Claremont, CA. 

Machado joins Sertant from Balboa Capital, contributing more than five years of industry experience to the team. At Balboa Capital, Machado started in the “application only” vendor financing space where he personally funded nearly $2 million in gross margin and $10 million in small-ticket originations before moving into the large-ticket group. As part of the large-ticket group, Machado oversaw the opening of Balboa’s office in Spokane, WA, where it earned the award for fastest office to reach $1 million in gross margin in company history. Machado earned his bachelor’s degree from Colorado State University.

“It is exciting to be here with Sertant and be a part of its incredible vision in this industry,” said Centers. “After most of my career working with corporate clients on their public image, it is gratifying to work with clients to translate those kinds of intangible business efforts into concrete growth through capital expenditure financing.”

Machado added, “I am excited to be at Sertant Capital, and eager to learn. The staff at Sertant are highly regarded in the industry, and I look forward to contributing to our collective success.”

EVP Bivins said, “The addition of these sales professionals is a tremendous boost to our short- and long-term sales strategy here at Sertant. I’m privileged to have the opportunity to grow our sales team and work alongside these talented individuals.”

Sertant Capital is a full-service, independent equipment finance company based in Newport Beach, CA.

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