TCF Passes $1 Billion Mark in Transactions

TCF Capital Funding (TCF) has announced that it has surpassed $1 billion in commitments since its founding in 2012.

TCF provides cash flow and asset-based lending to lower middle-market businesses.  National in scope, this senior leveraged lending group focuses on providing private equity sponsor-backed cash flow loans and asset-based loans to companies with less than $100 million in revenue and between $2 million and $10 million in EBITDA.  The firm is based in Chicago (

TCF closed its first deal in late 2012 and has since completed over 100 transactions with over $800 million in fundings and over $1 billion in commitments. “Passing $1 billion in originations is a great milestone for the team and reflective of years of hard work,” said Joe Gaffigan, President of TCF Capital Funding.

TCF has also just announced the promotions of four of its professionals with the advancement of Nick O’Brien, Mike Trojanowski and Bob Joyce to Assistant Vice President and Tasha Gibson to Officer.

“These promotions are reflective of Nick, Mike, Bob and Tasha’s key ongoing contributions to our team,” said Mr. Gaffigan.

Mr. O’Brien has over 9 years of finance experience and joined TCF in 2015. In addition to being promoted to Assistant Vice President, he has also been named a Relationship Manager and is responsible for covering private equity sponsors in Florida, Michigan, Wisconsin, Oregon and Washington. Prior to joining TCF, he was a Credit Analyst, Relationship Manager and Investment Banking Associate at Metropolitan Capital. Mr. O’Brien has a BS in Finance from the University of Illinois.

Mr. Trojanowksi has 10 years of financial analysis and business processing experience and joined TCF in 2014. Earlier in his career he was an Associate at AEG Partner/Access Value Investors, a corporate restructuring and private equity firm. Prior to joining AEG, he was a Financial Analyst at Chicago-based furniture retailer The RoomPlace. Mr. Trojanowksi has a BS in Finance from the University of Illinois.

Mr. Joyce has over 6 years of finance experience and joined TCF in 2015. His primary responsibilities at TCF include screening and underwriting new transactions, as well as monitoring existing portfolio companies. Prior to joining TCF, he was a Credit Analyst, Relationship Manager, and Investment Banking Analyst at Metropolitan Capital. Mr. Joyce received BA in both Economics and Geography from Northwestern University.

Ms. Gibson has over 8 years of loan administration and asset management experience. She joined TCF in 2015 and her primary responsibilities include monitoring and maintaining the integrity of loans and collateral, and maintaining accuracy in operational procedures. Prior to joining TCF, she worked as a Commercial Loan Portfolio Analyst with Draper & Kramer and prior to that as a Portfolio Analyst with MB Financial. Ms. Gibson has a Bachelor degree in Business Administration and Management from Robert Morris University.

“Reaching the $1 billion milestone was truly a team effort with a real focus on quality originations and profitable growth,” said Mr. Gaffigan. “Most importantly we have been able to attract quality, experienced teammates that have brought their energy and many years of experience to the group.  Together we have become the premier national provider of senior leverage finance products to the lower middle market.”

TCF Capital Funding is a division of TCF National Bank which has $22 billion in total assets and 321 branches in Illinois, Minnesota, Michigan, Colorado, Wisconsin, Arizona and South Dakota. TCF National Bank is headquartered near Minneapolis in Wayzata, MN (

© 2017 Private Equity Professional | August 11, 2017


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