Robert F. Faucett, Jr.

The accounts receivable/factoring and asset-based lending subsidiary of Chesapeake Bank. Office in Spartanburg, SC and service referral sources nationwide.

• Offering factoring, ABL, and ledgered lines.
• Developed bank referral and fee income program.
• Educate client bank lenders & credit administration on the solutions of factoring and ABL.
• Network with consultants, accountants, financial intermediaries, turnaround groups, and business owner peer groups as a delivery platform of Flexent products.
• Developed marketing collateral for presentation and discussions with referral sources and prospects.
• Portfolio represents 40% of Flexent’s total.

An accounts receivable/factoring financing firm with annual sales volume exceeding $130MM. Started with company during its de novo phase.

• Developed the company’s contracts/agreements.
• Established the company’s marketing and sales strategies.
• Cultivated strategic alliances and referral partners.
• Created the company’s credit underwriting, compliance and portfolio management processes.
• Created rolling budget with President and CFO.
• Experienced in client work-outs strategies and legal pitfalls.
• Managed company’s sales team.

At its peak, PBI was the nation’s leading developer of technology-driven solutions that helped community and regional banks manage/provide accounts receivable financing to small and medium sized businesses.

• Served as Business Development Officer to 7 of the company’s client banks in South Carolina, North Carolina and Georgia.
• Consulted/educated lenders and business owners on the benefits of accounts receivable financing.
• Top 5 producer among 17 BDO’s in the southeast region.

A commercial and municipal equipment leasing company working with community banks to offer equipment leasing services to their commercial and industrial customers.

• Generally managed the company’s affairs as a business development officer in South Carolina and North Carolina.
• Responsible for forty client bank relationships and developed markets where the company’s client banks were located.
• Used presentation and negotiation skills to successfully recruit banks and vendors to use Member Bank equipment finance programs.
• Consistently the company’s top sales producer.

Founder of company specializing in new residential construction/sales in Spartanburg County.