Welcome to Lenders Funding
Lenders Funding is a trusted private funding and risk sharing source specifically tailored for factors, asset based lenders and other commercial lenders. If you lend to businesses, rest assured that we can lend to you as well. Whether you are running low on resources or aiming to expand your financial opportunities, Lenders Funding is here to support your journey.
Our dedication to financial empowerment sets us apart in the vast landscape of funding options. By partnering with us, you are choosing a reliable and forward-thinking ally in your business ventures.
The Lenders Funding Story
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In 2000, our founder Robert “Bob” Zadek, was a successful Lending and Transaction Attorney. He started getting calls from his clients all over the country asking him if he knew anyone who wanted to lend to factors and asset-based lenders. His clients wanted to expand their businesses or needed cash to fund larger deals. Traditional banks loans were hard to obtain, slow to fund, and cumbersome to maintain. Bob’s clients needed a lender who understood the specialty finance business and could provide customized funding options to meet their specific needs.
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Bob soon realized there was huge market of specialty finance companies, factors and ABLs who needed an alternative funding source. So, Lenders Financing was born. Bob leveraged his extensive network in the lending industry to obtain financing so he could fund his clients’ businesses. He applied his expertise in Lending and Transaction law to design the quintessential legal documents that eventually became an industry standard. Bob created a painless, fair and stress-free funding process. Most of Lenders Funding’s business has been through participations. But they also provide specialty finance companies direct loans on real estate, machinery and equipment and accounts receivable.
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Clients loved the personal attention they got from Lenders Funding and the business grew. Since its inception, Lenders Funding has worked with over 150 lenders and factors and has provided several hundred million dollars in funding. The company now has offices on the east and west coast. Over 20 years later Lenders Funding is still helping lenders expand their businesses and reduce risk.
A small but mighty team of seasoned professionals with a collective 100 years of experience in the lending, credit and finance industries.
Who are we?
Our Mission
From our inception our goal has been to provide flexible, customized funding options for factors, ABLs and other specialty finance companies. And to make the process as easier, quicker and more efficient than traditional bank lending. possible.
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ROBERT A. ZADEK
FOUNDER
Bob Zadek is founder and President of Lenders Funding. He has been active in commercial finance and factoring for fifty years, as an attorney, lecturer, and as a lender. He holds a Masters of Law degree and is a CPA. He was instrumental in the formation of the International Factoring Association, was an instructor for the Commercial Finance Association.
Bob teaches The Law and Business of Factoring each year for the IFA, as well as courses in asset based lending and secured lending workouts. He is a member of the Economic Round Table, and hosts a weekly live talk radio show broadcast live in the San Francisco Bay Area and streamed nationally.
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JOHN BENKOVICH
CHIEF OPERATING OFFICER
John Benkovich is the Chief Operating Officer for Lenders Funding. Mr. Benkovich has over 30 years of experience in factoring and asset based lending. He was the President and Founder of Millennium Funding and managed a variety of portfolios including accounts receivable factoring, lawsuit funding, floor planning, mortgages and real estate. After the sale of Millinnium Funding he joined Lenders Funding in 2022.
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JEAN M. MADDEN
CONTROLLER
Jean Madden is the Controller for Lenders Funding. She has over 30 years of experience in asset based lending. Most recently she was Senior Vice President with Equinox Business Credit Corp. in charge of operations and accounts and Vice President at Wells Fargo Business Credit in charge of operations.
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