SAN DIEGO—Metis Commercial Finance, aspecialized commercial finance company that provides loans to lowermiddle market companies, is now official formed. Metis offerssmaller borrowers a unique palette of financing structuresincluding asset-based revolving lines of credit, term loans basedon cash flow and other assets, and unitranche debt with creditfacilities ranging from $1 million to $20 million

Metis is led by CEO James Irwin, the founder ofMeridian Healthcare Finance and MCHealthcare Finance, and EVP—chief credit officerDan O'Rourke, a founder of several specializedasset-based lending firms including Salus CapitalPartners and NewAlliance CommercialFinance. Metis's senior management team averages in excessof 20 years of experience and includes BobSeidenberger, managing director of sales and marketing,Mike Pestrak, SVP of underwriting, andSarah Larson, senior director of operations.

“Many lenders lack specialized industry knowledge and are facingan increasing regulatory burden, which forces many commercialborrowers in need of operating and expansion capital to rely uponcommercial finance companies with limited product offerings,” saysIrwin. “We have designed and built Metis from the ground up toprovide a 'big ticket' product suite to borrowers who have thus farhad very limited financing options. We bring industry expertise,including healthcare and retail lending, that generalist lenderslack. In addition to the right product suite and the rightteam a successful lender must have the right investor, which we arefortunate to have with Garrison Investment Group.”