Business Development Asset Based

Patrick J. Cullinan

Cell: 203-***-**** Email: ***********@*****.***

FINANCE EXECUTIVE

Principal/ Chief Risk Manager/ Portfolio Director

Innovative thinker with broad based expertise in Healthcare Asset Based Lending (20+ years experience) Borrowing Base Development, Risk, Operations & Business Development.

Proven ability to quickly analyze key business drivers and develop strategy to grow net income.

Areas of expertise include:

-Asset Based Lending

-Negotiating & Closing Deals

-Redesigning Business Processes

-Corporate/Operational Finance

-Structuring Capital & Senior Debt

-Leading & Developing Team

-Underwriting

-Forming Strategic Partnerships

-Asset Based Lending/Factoring platforms

HIGHLIGHTS

Built solid track record of success leading start-ups, turnarounds and rapidly growing companies

Asset Based Lending Platforms – Brought industry specific management/outsourcing solutions to clients (80% Healthcare 20% C&I) to improve cash flow and streamline operations.

Business Development – Utilized peer networks and personal/professional relationships to attract new clients and expand business lines

Corporate Financing – Extensive contacts in banking/Alternative Asset (Hedge Fund) categories increased access to working/investment capital for specialty clients.

New Business Start-up – Sourced and secured equity and debt investment to capitalize multiple specialty Healthcare asset based lending concerns

PROFESSIONAL EXPERIENCE

eCapital Greenwich, CT.

Healthcare Asset Base Lending Entity focused on Mid Market Loans $5MM to $40 MM.

Recruited to build out, underwrite, manage & grow the existing Healthcare Receivables portfolio.

Initial Portfolio Manager, 7 Credit & Security Agreements managing $30MM in Net Funds Employed (NFE).

Over 10 years overall portfolio growth to $750MM in NFE w/ $1B in commitments.

Centralized all distressed debt/workout portfolios and assume risk management & platforms to monitor.

MPC Consulting, Greenwich, CT. Principal.

Specialty Healthcare Finance Consultants delivering Healthcare Factoring/ABL platforms for newly formed & existing finance companies.

Expert advisors to healthcare finance entities on operational platforms, risk management and positioning entities for raising growth capital through mainstream and special situation debt and/or equity financings.

Engagements included:

Whitecrest Funding. LLC. Westport, CT.

Structured operations and financing for a start-up Healthcare Finance Entity.

Defined strategy, tailored business plan and secured equity partner for a startup niche healthcare financing group.

Structured strategic partnership with established vertical to create additional business lines and lever operating systems/costs.

Developed proprietary Borrowing Base, associated workbook for financial, AR, & Banking reconciliation for client monitoring. Built underwriting portfolio & associated Credit Committee presentations.

TKO Finance Group LLC. New York, NY

Lead consultants on Business Development initiative.

Sourced Clients and secured Working Capital Line of Credit.

Advised on operations restructuring for risk management of existing portfolios.

Northern Healthcare Capital L.L.C., New York, NY

Co-founder and Chief Operating Officer

Healthcare Finance startup specializing in asset based lending and factoring to the healthcare industry realizing annual net income in excess of $7MM per year

Grew business from start-up to 18 clients and revenues of 7MM in 36 months.

Developed and implemented operating platforms and credit and risk parameters to evaluate and monitor receivables based healthcare/alternative asset revolving credit facilities totaling $60 million.

Managed the underwriting of new originations and authored risk opinions and recommendations presented to the Credit Committee

EDUCATION & AFFILIATIONS

Saint Anselm College, Manchester, NH, B.A. Finance

Commercial Finance Association (CFA)

Turnaround Management Association (TMA)

International Factoring Association (IFA)

Volunteer Youth Lacrosse Coach

Founding Member of the Sticks for Soldiers annual charity Lacrosse Tournament benefiting combat wounded veterans & their families.

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