Lenders Funding Announces Retirement of Chief Operating Officer and Chief Credit Officer, Harvey Friedman and Appointment of John Benkovich

SAN DIEGO, Sept. 22, 2022 (GLOBE NEWSWIRE) — Lenders Funding, LLC, a Great Elm Capital Corp. specialty finance company, (“we,” “us,” “our,” the “Company” or “LF”) announced today that Chief Operating Officer and Chief Credit Officer, Harvey Friedman, will be retiring after leading its credit operations and overall administration for 18 years. In retirement, Mr. Friedman will assume the role of Vice Chairman Emeritus. Mr. Friedman has served the factoring and asset-based lending industry for over 45 years. Prior to joining LF, Mr. Friedman was the Executive Vice President and Chief Credit Officer at Gibraltar Corporation of America (“GCA”), a wholly owned subsidiary of United Jersey Bank where, for 32 years he managed a $900 million secured loan portfolio. After GCA Mr. Friedman was the Managing Director of Sterling Bank’s Asset Based Lending Division. Mr. Friedman has continually provided leadership to the entire secured lending industry, filling a void in the private funding industry for much of the time. As Vice Chairman Emeritus he will continue to aid the growth and success of Lenders Funding and Great Elm Capital Corp.’s specialty finance business.

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