Crossroads occupies a unique niche in the market-place: Lines of credit backed only by Inventory starting as low as $500,000. Our financing is a perfect fit for Retail and E-commerce businesses who are unable to find a traditional line of credit. We don’t finance accounts receivable or factor, rather we partner with factors and receivable lenders offering those products. By partnering with other lenders, we are able to provide maximum availability to borrowers and create new opportunities of lenders looking to put on transactions they couldn’t put on without Crossroads.
Our Value
Transparency
What you see is what you get. Crossroads prides itself on being straightforward and open with its clients.
Commitment
Crossroads has shown over the years its dedication to its clients that continues well past the initial funding. Not only do we want our clients to succeed in the short term, but we are persistent in helping our businesses prosper in the long run.
Speed
We understand the challenges associated with capital constraints and work diligently in order to fund our clients expeditiously.
Experience
Crossroads has been providing inventory revolving lines of credit and purchase order financing solutions to clients for over 14 years. Crossroads’ team consists of individuals with a deep understanding of the asset-based lending space.
Solutions
Every business has its own challenges. We make sure to provide a financing solution that caters towards the unique needs of each of our clients.
Opportunity
When banks say no, we say yes. Crossroads provides the chance for under performing companies, or newer businesses, to secure financing when the traditional sources of capital are unattainable.
Our Team
Lee Haskin
CEO
Crossroads Financial LLCBio
Lee started Crossroads in 2004, providing Inventory and Purchase Order financing. Prior to Crossroads, Lee was a Senior Managing Partner with Capital Access Group arranging lines of credit averaging $200MM per year. Prior to that Lee was Executive Vice President and co-founder of Great Western Financial Services Inc., a factoring and asset based lending institution. Lee has over 30 years’ experience in the factoring industry, and has his degree from the University of Miami.
Tricia Sherry
Director of Underwriting & Portfolio
Crossroads Financial LLCBio
Patricia (Tricia) Sherry – Tricia has spent 23 plus years underwriting assets. Beginning in the mortgage industry for a Billion Dollar national lender for 10 years then transferring over to asset-based lending at Crossroads for the past 13 years. Her specialty is in structuring transactions while calculating risk and maintaining a strict attention to detail. Responsibilities include managing the underwriting and portfolio department, executing turnaround plans, and implementing processes for successful transactions.
Jarrett Levy
Director of Sales
Crossroads Financial LLCBio
Lee started Crossroads in 2004, providing Inventory and Purchase Order financing. Prior to Crossroads, Lee was a Senior Managing Partner with Capital Access Group arranging lines of credit averaging $200MM per year. Prior to that Lee was Executive Vice President and co-founder of Great Western Financial Services Inc., a factoring and asset based lending institution. Lee has over 30 years’ experience in the factoring industry, and has his degree from the University of Miami.
Kristen Palmer
Underwriting
Crossroads Financial LLCBio
Kristen has over 8 years of experience working in the ABL and Factoring Industries. Kristen began her commercial lending career in New York as the Director of Back Office for a Fashion Industry focused Factoring Firm. Two years after relocating to south Florida as an Analyst and Junior Underwriter, Kristen joined Crossroads as the lead underwriter and contributed in the immediate and exponential growth since starting in Sept. of 2018. She holds a Bachelor’s of Science in Interdisciplinary Studies from Virginia Commonwealth University, and a wealth of knowledge in the commercial lending industry.
Branka Thorstad
Portfolio Manager
Crossroads Financial LLCBio
Lee started Crossroads in 2004, providing Inventory and Purchase Order financing. Prior to Crossroads, Lee was a Senior Managing Partner with Capital Access Group arranging lines of credit averaging $200MM per year. Prior to that Lee was Executive Vice President and co-founder of Great Western Financial Services Inc., a factoring and asset based lending institution. Lee has over 30 years’ experience in the factoring industry, and has his degree from the University of Miami.
Jeffrey Mercier
Underwriter
Crossroads Financial LLCBio
Jeffrey started at Crossroads in 2019 as an underwriter. He was previously a field examiner at Crestmark, a division of Meta Bank where he helped facilitate over $30 million in new deals involving both accounts receivable and inventory financing. Jeffrey has a bachelor’s degree in Finance from Florida Atlantic University.
Jacqueline De La Fuente
CFO
Crossroads Financial LLCBio
Jeffrey started at Crossroads in 2019 as an underwriter. He was previously a field examiner at Crestmark, a division of Meta Bank where he helped facilitate over $30 million in new deals involving both accounts receivable and inventory financing. Jeffrey has a bachelor’s degree in Finance from Florida Atlantic University.
Erik Levine
BDO - West Coast
Crossroads Financial LLCBio
Jeffrey started at Crossroads in 2019 as an underwriter. He was previously a field examiner at Crestmark, a division of Meta Bank where he helped facilitate over $30 million in new deals involving both accounts receivable and inventory financing. Jeffrey has a bachelor’s degree in Finance from Florida Atlantic University.
Anastasia Daniel
Account Executive
Crossroads Financial LLCBio
Jeffrey started at Crossroads in 2019 as an underwriter. He was previously a field examiner at Crestmark, a division of Meta Bank where he helped facilitate over $30 million in new deals involving both accounts receivable and inventory financing. Jeffrey has a bachelor’s degree in Finance from Florida Atlantic University.
Al DeSabato
Business Development
Crossroads Financial LLCBio
Jeffrey started at Crossroads in 2019 as an underwriter. He was previously a field examiner at Crestmark, a division of Meta Bank where he helped facilitate over $30 million in new deals involving both accounts receivable and inventory financing. Jeffrey has a bachelor’s degree in Finance from Florida Atlantic University.