Financing firm appoints new president

NAPLES — Haversine Funding, a financial services firm that helps specialty finance companies, including asset-based lenders and equipment and inventory lenders fill funding gaps, named Gen Merritt-Parikh president.

Merritt-Parikh has more than 25 years of experience in asset based lending and factoring, according to a statement, and will be responsible for origination, underwriting, investment analysis and management and asset allocation strategy at Naples-based Haversine. In 2018, as President of Allied Affiliated Funding, Merritt-Parikh led the company to a successful sale to a nationally chartered bank, the release states, where she continued to manage that line of business for the bank, Axiom. Merritt-Parikh was also a Vistage C-Group Founding Member for more than five years, along with being a former long-standing board member of the Dallas Finance Forum.