Gig Harbor, WA – Quentin Cote, EVP, Mintaka Financial has been elected to serve a two-year term on the Equipment Leasing and Finance Association’s Small Ticket Business Council Steering Committee. Quentin has spent his career in the specialty finance sector, lending to, investing in, and building small business finance companies. As EVP of Mintaka, Quentin is responsible for increasing origination capabilities, corporate development activities, and is helping with capital markets activities.
The Small Ticket Business Council Steering Committee is one of five primary constituent bodies at ELFA. The committees are an integral part of ELFA’s operations, providing critical input on the direction of the association and serving as a bridge between the membership and the Board of Directors and staff. The committee members are elected by the Business Council membership for a term of two years on a staggered basis.
The Small Ticket Business Council Steering Committee represents financial services organizations primarily involved in transactions under $250,000, either individually or through lines. The committee analyzes the needs of companies in its segment and recommends to the Board how to meet those needs.
About Mintaka Financial
Mintaka Financial LLC, located in Gig Harbor WA, is a commercial finance company specializing in serving the needs of small businesses across the United States. Mintaka provides equipment leases and loans, originated through a limited group of independent small business finance companies that share ownership in Mintaka. These companies are specialists in small business credit service, selected to participate in the Mintaka program based on their experience and reputation in the industry, and their dedication to building long term relationships with their small business clients. http://frail-action.flywheelsites.com/
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the $827 billion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. For more information, please visit www.elfaonline.org. Follow ELFA on Twitter @ELFAonline.
Gig Harbor, WA, September 15, 2016 – Mintaka Financial LLC, announced today that Quentin Cote has joined the Leadership team as Executive Vice President. Mr. Cote brings over 25 years of specialty finance leadership to the Mintaka Financial team. His roles at Mintaka will include overseeing growth through its multi-channel funding programs, strengthening partnerships, and furthering development efforts.
“Quentin is an invaluable addition to the Mintaka Financial team, as his diverse executive expertise will be of great value to our organization,” says David T. Schaefer, CEO of Mintaka Financial. “In his new role as EVP, Mr. Cote will continue our multi-faceted growth initiatives through the lens of both funding and channel partnerships. I am very excited for the future of Mintaka with Quentin overseeing these crucial elements related to our success.”
“Small business is the backbone of the American economy, and I am honored to join a team with such a focus on its prosperity. Through my career I’ve worn many different hats in the financial sector and the chance to work with Mintaka Financial is going to be an exciting new chapter,” commented Quentin Cote. “I am especially excited to help Mintaka and our partners meet and surpass their organizational growth goals.”
As a Senior Financial Executive, Quentin has deep experience in private investing, specialty finance, structured finance, and capital markets. He has worked as an executive advisor on issues of capitalization and corporate development, and is experienced in team-building as well as portfolio construction and asset management.
Summit Commercial Finance partners with Mintaka Financial to better serve their small business credit customers.
GIG HARBOR, Wash., July 22, 2015 — Mintaka Financial LLC, announced today that Summit Commercial Finance has invested in Mintaka Financial, joining the company with 11 other leading commercial finance firms as an equity stakeholder.
“Mintaka Financial is pleased to have Summit Commercial Finance on our team as we continue to expand our commercial finance products to small businesses across thecountry. Summit has long been a recognized leader in the equipment finance industry andour shared vision for empowering small businesses to thrive by delivering sustainable, viable lending solutions makes for a fitting partnership.” said David Schaefer, CEO of Mintaka Financial.
“A core value at Summit Commercial Finance is to align with prominent organizations and people. Mintaka Financial’s employees and equity partners help us achieve this objective and present a great opportunity for Summit to expand our platform delivering superior solutions for our customers.” said Scott Forrest, Founder & CEO of Summit Commercial Finance.
Founded in 1998, Summit Commercial Finance provides customized equipment financing and leasing options to U.S. companies across a wide range of industries. More information about Summit Commercial Finance can be found at summitcommercialfinance.com
Mintaka Financial LLC, located in Gig Harbor, WA, was established in December 2004 as a commercial finance company specializing in serving the needs of small businesses across the United States. Mintaka Financial is a direct small business lender that originates commercial loans through a limited group of independent small business finance companiesthat share ownership in Mintaka. These companies are specialists in small business credit service, selected to participate in the Mintaka program based on their experience, reputation in the industry, and their dedication to building long term relationships with their small business clients. For more information regarding Mintaka Financial, visit mintakafinancial.com
August 31st, 2010 – Orion First Financial, LLC, majority owner of Mintaka Financial LLC, announced today the signing of a funding agreement between Mintaka and Susquehanna Commercial Finance, Inc. Mintaka specializes in providing equipment financing to small businesses across the United States. Susquehanna actively reviews and purchases portfolios of other companies with receivables that are consistent with its credit guidelines and provide a better diversity to its existing portfolio mix.
“Our agreement with Susquehanna will allow Mintaka to continue serving the credit needs of our small business customers, a key ingredient for continued economic recovery and new jobs growth across the US” said David T. Schaefer, founder and President of Mintaka Financial.
“Susquehanna offers an extensive portfolio of financial products and services for small businesses, to provide maximum value to our customers. We believe the Mintaka business model is in harmony with this strategy and our overall mission to help small business customers achieve their financial goals, and to build the economic strength of local communities” said Frank Souder, Vice President of Acquisitions and Syndications with Susquehanna.
Susquehanna Commercial Finance, Inc., located in Pottstown, Pennsylvania, is a subsidiary of Susquehanna Bank, which operates more than 220 branch offices in the Mid-Atlantic region. The bank’s parent company, Susquehanna Bancshares, Inc. (NASDAQ:SUSQ), is a financial services holding company with assets of approximately $14 billion, headquartered in Lititz, Pennsylvania. More information on Susquehanna can be found at Susquehanna’s website.
About Mintaka Financial
Mintaka Financial LLC, located in Gig Harbor WA, was established in December 2004, as a commercial finance company specializing in serving the needs of small businesses across the United States. Mintaka provides equipment leases and loans, originated through a limited group of independent small business finance companies that share ownership in Mintaka. These companies are specialists in small business credit service, selected to participate in the Mintaka program based on their experience and reputation in the industry, and their dedication to building long term relationships with their small business clients. To learn more about Mintaka, please call 888-705-8778, ext. 1097.