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The Lessors Network showcases the largest equipment finance community on the Web, providing business leaders free access to breaking news, events, funding sources, technology solutions and outsourcing resources exclusive to a $1 trillion U.S. equipment finance market.

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Financial Services Executive Mike DeBernardi Joins The Alta Group as a Director

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GLENBROOK, NV, March 16, 2017--Michael A. DeBernardi, a financial services executive with proven expertise in managing corporate growth, sales, credit risk and financial analysis, has joined The Alta Group, a global consultancy dedicated to equipment leasing and finance. He previously managed asset financing operations in 26 countries for a number of companies.

DeBernardi’s career reflects experience with a diverse range of financial products and industry sectors, including commercial and consumer finance, community banks, inventory financing, asset-based lending and equipment leasing and financing.

As a director of The Alta Group, he will participate in client engagements involving merger and acquisition (M&A), risk management and strategic management consulting.

Previously, he served as the executive vice president and chief operating officer of Oritani Bank in Washington Township, N.J., where he was responsible for deposits and operations at more than two dozen branches located in four northern New Jersey counties. He became chief risk officer of this $4 billion, fully public community bank and served as a member of the bank’s board of directors for over 20 years.

In the equipment leasing and finance industry, he was a co-founder and chief risk officer of US Express Leasing in Parsippany, N.J., before it was acquired by Tygris Commercial Finance (now operating as EverBank Commercial Finance). He had participated with three partners from Aternus Partners, LLC in preparing the small-ticket vendor financing company for its business launch and then helped raise $125 million in private equity commitment from a single institutional source.

DeBernardi’s career includes 18 years with AT&T Capital Corp., Newcourt Credit Group and The CIT Group in Livingston, N.J. As executive vice president and chief risk officer for the global vendor finance unit of CIT, he led the introduction and implementation of one of the earliest applications of empirically derived credit-risk scoring models used in commercial finance. There, a team of five full-time operations research PhDs refined and improved the use of credit automation across the businesses.

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    About The Lessors Network
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Over 1,650 Global Members
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Lessors Network Membership
The Largest Equipment Finance Community On The Web

In 1998 industry veteran John O. Semon founded The Lessors Network, recognizing the need and opportunity for a B2B platform to showcase and connect business leaders around the world with asset based news, events, funding sources, technology products and outsourcing resources exclusive to a $1 trillion U.S. equipment lease finance industry.

Lessors Network Membership Benefits include complementary advertising platforms and a global media distribution platform ensuring maximum exposure of your company's message.

Today the Lessors Network provides business leaders around the world free access to largest equipment lease finance community on the Web.


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