Mr. Cottone joined Allied in March of 2009 as Executive Vice President. He is responsible for Allied’s strategic alliances and for the integration and systematic approach of Allied’s acquisition opportunities. Mr. Cottone helps set the strategic direction for the company, and he is also furthering Allied’s market penetration and exposure in the Northeast region of the United States. His prior experience and expertise in Asset Based Lending will create an additional business channel for Allied.
Prior to joining Allied, Mr. Cottone was employed by Textron Financial, serving as SVP and Managing Director for the Finance Company Services Division of Textron Financial Corporation. Mr. Cottone has significant experience in structuring, pricing, and syndicating senior debt facilities for independent commercial and consumer finance companies.
Prior to joining Textron Financial, Mr. Cottone served as SVP and Division Manager for the Rediscount Finance Group of Fleet Bank. In addition, Mr. Cottone held leadership positions at Bank of America Business Credit Specialty Finance Group where he was SVP and Group Executive, and at CIT Credit Finance, Inc. where he was SVP and Eastern Regional Manager.
Mr. Cottone is a member of the American Bankruptcy Institute and Commercial Finance Association and a Board Member of the Philadelphia Chapter of the Turnaround Management Association. Mr. Cottone is also a Board Member of the Boy Scouts of America, Bucks County Council and a graduate of Drexel University.
Mr.Cottone has been appointed to the Board of Advisors for the International Factoring Association (IFA) for 2010-2012. The advisory board members serve a two-year term and assist the IFA in broadening the public understanding of the uses and benefits of factoring, help to design training programs, and help to foster new ideas and innovations that benefit its’ member organizations. Headquartered in Pismo Beach, California and with over 350 corporate members, the International Factoring Association is the largest association of commercial finance companies in the world including factoring companies, asset based lenders and other receivables finance companies.
Factoring Fact
Top Industries That Factor With Allied
The following key industries factor with Allied.
• Technology • Oil Field Services • Manufacturing • Small Businesses • Staffing Companies • Service Companies • Telecommunication • Transportation • Energy Management
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