WebBank today announced that Philip Gitler has been named Senior Vice President, Head of Asset Finance, reflecting his expanded leadership of the Bank’s newly formed Asset Finance team. The new team combines WebBank’s Lender Finance and Partner Finance businesses under a unified platform designed to deliver integrated financing solutions across the specialty finance ecosystem.
In his expanded role, Mr. Gitler will lead the strategic direction and growth of WebBank’s Asset Finance business, including capital markets activities. By bringing together complementary capabilities across Lender Finance and Partner Finance, the unified team will provide asset-backed warehouse facilities, back-leverage solutions and other structured credit offerings to Strategic Partner platforms, fintech companies, specialty finance companies and asset-backed private credit funds.
The formation of the Asset Finance team enhances coordination across the Bank’s platform ecosystem, strengthens partner relationships, and supports continued balance sheet growth. It also reinforces collaboration across internal teams to deliver scalable, long-term financing solutions aligned with partner needs.
Mr. Gitler brings more than two decades of asset finance experience, with deep expertise across asset classes and a strong track record of building and leading teams across the full asset lending and investment life cycle. Since joining WebBank, he has led the expansion of the Bank’s Lender Finance platform and helped position the business for continued growth.
“Phil brings deep market knowledge, strong leadership and a proven ability to build and scale asset finance platforms,” said Jason Lloyd, President & CEO of WebBank. “By uniting these capabilities under one team, we are strengthening how we serve our partners, expanding our market reach and positioning the business for long-term growth.”
About WebBank
WebBank is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. Since its inception in 1997, WebBank has originated and funded over $283 billion in consumer and commercial credit products. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-based lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners. For more information, please visit www.webbank.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260601642143/en/
Media gallery
