SIOUX FALLS, SD, June 29, 2021 (GLOBE NEWSWIRE) – MetaBankÂ®, NA, a leading financial aid company, has announced the promotion of Christopher Soupal to President of Commercial Finance. He will report to Brett Pharr, co-president and COO of MetaBank.
Soupal brings more than 20 years of experience in finance and capital management to his new role. He will lead all aspects of trade finance including Crestmark and AFS / IBEX divisions as well as commercial operations.
âChris has demonstrated his ability to expand our trade finance business into niche areas with innovative applications of our loan products,â said Pharr. âHe is a real asset to our company, to our customers, and well deserves this new role. “
Soupal joined Crestmark in 2014 as National Sales Director of the new government-guaranteed loan group, which he transformed into a cutting-edge platform offering SBA and USDA loans to niche sectors. Soupal was promoted to President of the State Guaranteed Loans business unit in 2019; and in 2020, he was appointed responsible for the Equipment Finance, Supplier Finance and Joint Ventures business units, as well as Renewable Energy Lending and Product Development. In his new role, Soupal will oversee all product lines of the Commercial Finance division, including asset lending and accounts receivable financing through the Commercial Credit and Commercial Capital business units.
âIn difficult economic times and in times of prosperity, companies need partners who can provide flexible and innovative financing,â said Soupal. âI look forward to working with all of the team as we continue to support our clients with financial aid services that support the growth of their businesses. “
Prior to Crestmark, Soupal was Managing Director of a special opportunities fund that provided creative capital solutions, in the form of debt or equity, to platforms in niche industries.
Soupal holds a BA in Accounting from Ferris State University and received the Executive Certificate in Leadership and Management from the Mendoza School of Business at the University of Notre Dame.
About MetaBankÂ®, N / A
MetaBankÂ®, NA, a national bank, is a subsidiary of Meta Financial Group, Inc.Â® (Nasdaq: CASH), a financial holding company based in South Dakota. MetaBank is a financial aid company that strives to increase financial availability, choice and opportunity for all. MetaBank strives to remove the barriers that traditional institutions put in the way of financial access and promote economic mobility by providing responsible, secure and high-quality financial products that contribute to the individuals and communities at the heart of the real economy. Additional information can be found by visiting www.metabank.com.
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