PFI’s management has over 100 years of experience providing working capital financing through factoring and asset based lending.
James E. Lewis, Managing Member
Prior to founding PFI in 1993, Jim was an investment banker specializing in factoring, asset based lending and working capital financing for small-medium size businesses. He founded and was President of Middle Atlantic Capital Inc. from 1990 to 1994. Previously, Jim served in senior corporate finance positions with major regional and national investment banking firms. From 1971-1977, he formed and managed a $225 million corporate loan division of GE Capital, providing financing to companies of all sizes. Jim received a B.A. in economics from DePauw University and an M.B.A. in finance from The University of Chicago. He was one of the original members of the board of directors of the International Factoring Association. Jim has been recognized by Marquis in Who’s Who in America, Who’s Who in the World, Who’s Who in Banking and Finance and Who’s Who in the East.
Sydney G. Willson, III, Managing Member
Syd has extensive entrepreneurial experience. His career began in 1965 as a salesman with the Harwald Company, the original manufacturer of film inspection equipment. In 1968, Syd became a sales representative for Bailey Films, part of the CBS educational division. He continued to represent educational media software, becoming a sales manager and later as an independent consultant. In 1981, Syd purchased a staid, unprofitable Philadelphia company, Williams, Brown and Earle (“WB&E”), with annual sales of $2 million. Despite the record high interest rate environment, under his management the company was restored to profitability through aggressive marketing, product line expansion, and another acquisition. Sales increased to $4.8 million. During this time, Syd also served on the committees of several business and educational associations. Syd sold WB&E in 1991 and in 1993 became an original founder of PFI providing factoring, asset based lending and working capital financing. He received his B.A. degree in political science from Dickinson College.
Robin J. Belack, Senior Vice President
Robin joined PFI in early 1999. For the previous nine years, she had been Comptroller for two steel distribution companies, developing and implementing accounting and credit and collection systems for each, including inventory management and controls and actively working with delinquent accounts to assure payment. She began her career in steel distribution as an administrative assistant and rose to comptroller. Robin attended The University of Miami School of Business. Robin had direct experience with factoring and asset based lending in order to provide the companies with working capital financing.
Henry H. Beckler, Director
Henry has been active in factoring and asset based lending since 1989 as a founder of Star Financial LP, Star Funding LLC and Star Business & Industrial Development Corporation. He joined PFI in 2004 with the merger of Star Funding into PFI. Henry began his career at Chase Manhattan Bank. In 1976, he and partners purchased a bankrupt food company which was restored to profitability and sold to Hershey Foods, Inc. Simultaneously, Henry was Director of Corporate Special Services at Bank of Delaware. He presently is President and Chairman of Corporate Holding Services, Inc. of Wilmington, Delaware, a member of the Delaware Economic Financial Advisory Council, a director of Wilmington Economic Development Corporation and President of the World Trade Center Institute of Delaware. Mr. Beckler graduated from the University of Rochester and holds an M.B.A. from New York University.