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Leadership Bios

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Leadership Bios

 

Dan McDonough – President & CEO

Dan McDonoughDan McDonough has served as President and Chief Executive Officer of Commercial Credit, Inc., parent company to Commercial Funding Inc., since founding the company in 2004. Dan began his career in equipment finance with First Interstate Credit Alliance Inc. in 1986 as a credit analyst and Regional Credit Manager. Prior to founding Commercial Credit, Inc., he spent 14 years at Financial Federal Credit Inc. where he ultimately managed a $900 million finance and leasing portfolio, which represented 65% of Financial Federal’s managed assets. Dan earned a BB Degree in Finance from Western Illinois University and a MBA degree from DePaul University.

 

 

Steve Sala – Senior Vice President & General Manager 

Steve SalaSteve Sala has served as Senior Vice President and General Manager of the Company since its acquisition by Commercial Credit, Inc. in August of 2017. He began his career in capital markets in 1986 as a broker with E.F. Hutton. His 30+ year career in banking and finance includes First Interstate Bank/Wells Fargo and Bank One/JP Morgan Chase. Prior to joining the company, Steve spent approximately six years as a board director and then President and CEO at TAB Bank, as well as senior positions and advisory roles at multi-billion-dollar financial institutions. Steve earned a BS Degree in Finance from California Polytechnic University, Pomona.

 

 

John Thompson - Vice President & Operations Manager

John ThompsonJohn Thompson joined Transfac Capital in April 2008 as their CFO and worked in that position until the sale of the company to Commercial Credit, Inc. in August of 2017 when he assumed the role of Vice President and Operations Manager. From 1996 to 2008, he served as VP and Controller for a $680 million-dollar commercial finance and factoring company. Prior to 1996, he worked as Senior Accounting Manager and was responsible for account receivables and banking relations for a 136-store restaurant chain. He is a graduate of University of Phoenix with a bachelor’s degree in accounting and an MBA.

 

 

Donald J. Carvelas – Vice President & Credit Manager

Donald CarvelasDon J. Carvelas joined Transfac Capital in 2010 as Underwriting Manager. He was promoted to the position of Vice President and Credit Manager when the company was acquired by Commercial Credit, Inc. in August of 2017. He began his career working for Heller Financial, Inc. and has held Credit and Underwriting Manager positions for several factoring and asset-based lenders. Don earned his Bachelor of Science Degree from the State University of New York.

 

 

 

Mari Dezham - AVP & Portfolio Manager

Mari DezhamMari Dezham joined Transfac Capital in 2007 as Senior Account Executive and was promoted to her current position as Portfolio Manager in 2010. Prior to that, she spent seven years at Summit Financial Resources, L.P. where she held several different positions, including Credit Analyst and Relationship Manager in their factoring division and Account Executive in their asset-based lending division. Mari attended the University of Utah, where she majored in Business Management.

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