GULFPORT, Miss. (July 14, 2023) — Hancock Whitney Business Capital, the asset based lending (ABL) division of Hancock Whitney, has added two more commercial finance professionals to the company’s ABL team. Patrick Aarons and John W. Willis will help build the asset based lending platform for middle market clients primarily in 12 states across the southern United States and are both based in suburban Atlanta.
“Patrick Aarons and John Willis are very successful veterans of the asset based lending arena and bring outstanding commercial lending and client relationship management expertise to our growing Hancock Whitney ABL team,” said Mike Knuckles, the executive who leads Hancock Whitney Business Capital. “We look forward to their helping us help our clients grow and succeed.”
Asset based lending is focused on providing working capital credit facilities where loan availability is governed by a highly structured, closely monitored borrowing base. Hancock Whitney Business Capital works closely with clients to understand their working capital financing needs and structure financial solutions that will help the businesses attain their financial goals.
More information is available at https://www.hancockwhitney.com/asset-based-lending.