CIBC Adds Love as Managing Director of Business Development for ABL Team

CIBC expanded its U.S. asset-based lending capabilities in Buffalo, NY, by naming Nathan Love managing director of business development.

“We know that as the world changes, the needs of U.S. middle market businesses do too. And a company’s best assets aren’t always necessarily reflected on a balance sheet,” Bruce Denby, group co-head of asset-based lending at CIBC Bank USA, said. “With Nathan’s relationship-based approach to asset-based lending, we look forward to continuing to build tailored banking partnerships with more clients across Ohio, Michigan, Western Pennsylvania and New York.”

Love joined CIBC from PNC Business Credit, where he served as senior vice president of business development. In this role, he handled business development of asset-based loans for middle market companies experiencing growth or business transition. At CIBC, Love will focus on origination in the Great Lakes region, continuing to provide solutions to family-owned or sponsor-backed middle market companies.