Executive Vice President
John Merritt is also a founding member of Verdant Commercial Capital leading the Renewables & Energy Efficiency vertical and Verdant’s Capital Markets efforts. John has more than 30 years experience in the commercial finance industry, with specific expertise in the renewable power generation and energy efficiency sector. His knowledge and skills with project finance and syndication date back three decades when he first joined Information Leasing Corp., a start-up that he helped grow into PNC Equipment Finance, the fourth-largest bank-owned equipment finance company in the United States. He managed a portfolio in excess of $800 million as Managing Director of the Lease Industry Finance Division at ILC/Provident Bank Financing/National City Commercial Capital. When the company became PNC Equipment Finance, John became General Manager of the Specialty Finance Division, which included Energy Capital, Franchise Finance and Canada. The division had combined assets of more than $1 billion. John is a graduate of Miami University.