Advantage Funding Hires New Managers

Posted on November 10, 2009

One of the chauffeured transportation industry's leading vehicle financers hires two new managers in key New York and Dallas offices.

LAKE SUCCESS, N.Y. -- The Advantage Funding group of companies recently hired Richard Mitchell as its Dallas-based regional manager and Omar Diaz as its New York-based relationship manager.

"Richard will coordinate our commercial lease and loan originations from his office in Dallas to better serve our dealers and customers in the Southwest," said Donald J. Coolbaugh, vice president of sales for Advantage Funding. "He is a venerable and respected equipment lease and loan originator."  

Before joining Advantage Funding, Mitchell held similar positions with U.S. Bank Manifest Funding Services, Credit Union Services, and Felco Auto Leasing.

"I was attracted to this opportunity because it allows me to utilize my skills and territory contacts in a managerial role," Mitchell said. "The company's culture and industry expertise are second to none and I'm fortunate to be part of the team."

Omar Diaz is responsible for servicing in house vendor programs and leads, and customer renewals. "Omar has been on the banking side of the finance business for many years and I'm excited to put his contacts and experience to use as an originator," Advantage president Edward P. Kaye said.

"I look forward to the challenge and putting my skills to use," Diaz said.

Before joining Advantage Funding, Diaz held positions with Studebaker Worthington (a division of Main Street Bank), Bank of the West, European American Bank, and Tilden Financial Corp.

Advantage Funding is a noncaptive commercial vehicle leasing and financing company to the ground transportation industry and is a subsidiary of Marubeni America Corp., the multinational general Japanese trading company.

Information: dcoolbaugh@advantagefunding.us.


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