Power Funding LTD Announces Expansion of Geographic and Industry Footprint
HOUSTON–(BUSINESS WIRE)–Power Funding LTD (“Power” or the “Company”), a Fourshore Partners company, is pleased to announce key leadership additions and the expansion of its geographic and industry footprint.
Zachary Golembiewski has joined Power as the new Chief Financial Officer. He will oversee the finance, accounting, and risk management functions and serve on the Company’s credit committee. Zach brings 18 years of experience in the energy and natural resources sector, with expertise in corporate finance, credit risk management, mergers and acquisitions, and business and systems integrations. Before joining Power, Zach spent a decade at Ernst & Young in the Strategy and Transactions practice, focusing on energy and natural resources for private equity and corporate clients. He holds an MBA from Rice University and a BA in Economics from Washington & Jefferson College.
Power has also strengthened its business development team with three new additions:
- Sarah Stredic will lead the new Power Funding LTD office in Midland/Odessa, Texas. With over a decade of success in the factoring industry, Sarah specializes in providing cash flow resources and receivable management services to the oil and gas sector.
- Patrick Thomas will represent Power in the Houston region. With more than 10 years of experience in general factoring, Patrick will focus on the distribution, manufacturing, supply chain, and logistics industries.
- David Seidler, based in El Paso, Texas, will concentrate on nationwide factoring services for the trucking industry. David has been instrumental in building a trucking and service portfolio for a well-regarded factoring company that recently exited the trucking space. Power looks forward to David’s contributions and continued success in this sector.
Founded in 2001, Power Funding LTD has established itself as a leader in receivables management and financing solutions. The Company is led by Dominique “Dom” Villarreal, CEO and Partner, who has been a prominent figure in the factoring industry since 1994.
“Since the Fourshore investment, we’ve been empowered with the capital and support to grow our business. We now have the ability to provide larger-scale investments to entrepreneurs looking to expand their companies,” said Dominique Villarreal. “The recent personnel additions are pivotal steps toward achieving these goals. We also plan to further expand our business development team, grow our geographic footprint, and remain active in mergers and acquisitions.”
Dom Villarreal added, “Power is dedicated to offering cash flow management and financing solutions. Our mission is to give businesses the resources they need to grow and thrive because small and medium-sized businesses are the backbone of the United States economy.”
About Power Funding LTD
Founded in 2001, Power Funding LTD is a leader in cash flow financing, specializing in factoring services. The Company supports the growth of its clients by offering tailored financial solutions, focusing on industries such as OTR trucking, oilfield trucking and services, drayage, staffing, welding, and PACA, among others. Power Funding LTD is committed to “giving you the POWER to grow.
Contacts
Dominique Villarreal
Chief Executive Officer
