Westlake Village, CA (PRWEB) March 12, 2013
Velocity Business Cash, a specialty finance organization focusing on originating, obtaining and securitizing small stability business financial loans nationwide, announces the addition of Jack Jacob to its senior management staff. In his function as Govt Vice President, Jacob will direct Velocitys Servicing and Unique Servicing teams.

Jacob brings more than 30 a long time of banking, servicing, special servicing and true estate knowledge to the situation. Prior to his appointment, Jacob was Vice President for Aurora Lender, formally identified as Lehman Brothers Bank, in their business true estate Particular Property Office, and previously held administration roles at WAMU, American Financial savings Financial institution, American Genuine Estate Team (AREG), and American Financial savings & Financial loan.
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I am happy to announce the addition of Jack Jacob to the management crew at Velocity, stated Chris Farrar, President and CEO. His comprehensive involvement with asset administration and servicing, especially within our area of interest, will be quite essential to us as we carry on to expand our portfolio at Velocity.

Jacob attended Loyola College and retains a Bachelors degree from North Park University.

About Velocity
Velocity Industrial Funds is a specialty finance agency focusing on professional true estate financial debt. Velocity acquires portfolios of doing and non-performing financial loans nationwide. In addition, the firm originates little stability loans and functions as special servicer managing distressed belongings. Started in 2004, Velocity is headquartered in Westlake Village, California and operates a satellite product sales place of work in Philadelphia, PA. For a lot more information, make sure you pay a visit to: http://www.vcc-inc.com
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