Executive Bio
Mr. Marc Adelson has been the Managing Director and Northeast Regional Manager of Commercial Services Business at CIT Group Inc. since October 5, 2017. Mr. Adelson manages the largest region for the Commercial Services business and is responsible for new business development and portfolio management. Mr. Adelson served as the Managing Director of Originations at Monroe Capital LLC from July 12, 2016 to October 2017 where he was responsible for middle market originations. Mr. Adelson served as the Chief Operating Officer and Chief Credit Officer of Medallion Financial Corp. from April 2015 to June 2, 2016. He served as the President of Medallion Business Credit at Medallion Financial Corp. from November 6, 2014 to June 2, 2016. He served as Chief Executive Officer and President of Commercial & Trade Finance at Capital Business Credit LLC since February 23, 2011. Before that, he served as Co-Head of ABL at The CIT Group, Inc. During his tenure at CIT, Mr. Adelson spent two years in London building CIT's European corporate finance practice. Prior to CIT, he held positions at Heller Financial, as Executive Vice President and Head of Asset-Based Lending, as well as at CitiCorp. and Security Pacific Business Credit. He served as the Managing Director of Getzler Henrich & Associates LLC. He served as the President of CIT's New York-based $8 billion asset-based lending group. From 2000 to 2008, Mr. Adelson served as a co-head of business capital for CIT's asset based lending group. He served as Senior Managing Director in London where he was responsible for certain lending and mergers & acquisitions initiatives and was a board director of CIT Bank, LTD. He has more than 30 years of corporate finance experience, with an emphasis on secured lending. He has developed a number of asset-based lending businesses for CIT Business Capital, from 2000 to 2009, including serving as Co-President. He has a wide range of industry experience, having worked with numerous companies in areas as diverse as trucking, consumer products, apparel, retail and equipment leasing. Mr. Adelson spent thirteen years at Heller Financial Inc. He is a member of the Commercial Finance Association, American Bankruptcy Institute and the Turnaround Management Association. He has a Bachelor of Science degree in Accounting from Brooklyn College, CUNY.