Textron Financial Names Program Development Officer for Vendor Finance

Textron Financial Corp., a Textron Inc. company, last week announced that it has added Patricia Hollis as vice president, program development and management for its Vendor Finance Division. In this role, Hollis will assume responsibility for building and managing manufacturer programs within the construction segment.

“Patricia is a skilled business development leader who excels at providing manufacturers the right combination of market-driven products and services,” said Vincent Faino, president of the Vendor Finance Division. “We are augmenting our leadership team with an expert in construction equipment finance and vendor relationship management. She will be a great asset as we continue to gain momentum in the marketplace and grow our leasing and finance volume.”

Hollis joined Textron Financial from Alter Moneta Corp. where she assisted in the development of their Vendor Group and established productive vendor programs. She also served as director of financial services for the Terex Corp., where she developed and implemented national sales strategies, plans and marketing programs that resulted in increased leasing penetration throughout their dealer network.

The Vendor Finance Division develops and manages vendor-based equipment leasing relationships across multiple industries, oversees Textron Financial’s golf equipment financing business, and pursues construction and agricultural equipment financing opportunities in the U.S. and Canada. The division is based in Alpharetta, Ga.

Textron Financial is a diversified commercial finance company with more than $11 billion in managed receivables.