NORTHBROOK, Ill., Feb. 24, 2025 /PRNewswire/ — Hilco Commercial Industrial is excited to introduce Hilco Equipment Finance (“HEF”), a newly formed business unit focused on delivering cutting-edge equipment financing solutions. Veteran in the field, Brian Pollack, has been appointed as Managing Director, Equipment Finance to oversee HEF, bringing with him over 25 years of experience in asset finance, appraisal, and structured lending.
HEF offers tailored capital solutions to commercial and industrial enterprises throughout the US, Canada, and Europe. HEF harnesses Hilco Global’s unmatched expertise in equipment valuation and industry insights to inject capital into established and proven credits secured by equipment. HEF delivers equipment loans and leases aimed at enhancing liquidity, restructuring capital frameworks, and financing business growth.
“We are delighted to have Brian Pollack on board,” stated Steven Tanzi, CEO of Hilco Commercial Industrial. “Brian’s impressive history in structured asset finance, along with his extensive industry background, positions us to offer exceptional value to our clients. This new unit will allow us to provide innovative solutions for businesses seeking financing beyond the conventional lending routes.”
Brian joins HEF after a successful stint as CEO of a prominent equipment financing firm, where he drove transformative growth by broadening the company’s portfolio. Throughout his career, he has successfully closed over $3B in debt and equity transactions in banking, private credit, private equity, and the corporate sector. His experience includes senior positions at Bank of America, RBS Citizens Bank, and other top financial organizations specializing in asset finance, portfolio management, and risk control. His leadership is pivotal in defining the group’s strategy and advancing HEF’s success.
“I am excited to join Hilco Commercial Industrial and spearhead the establishment of Hilco Equipment Finance,” remarked Mr. Pollack. “Utilizing Hilco’s exceptional industry expertise and asset knowledge, we are in a unique position to deliver innovative, flexible financing options that empower businesses to leverage and optimize their equipment values. I am eager to foster strong collaborations and provide the strategic capital solutions that today’s businesses require.”
HEF will capitalize on Hilco’s extensive experience in asset valuation, monetization, and advisory services. Building upon this foundation, the group will concentrate on: