Headquartered in the greater Chicagoland area, CMAX Finance is a leading specialty finance lender providing capital to distressed asset buyers. Founded in 2010 CMAX has worked with borrowers in multiple asset classes providing it the experience to solve borrower funding needs. This deep experience allows the team to evaluate proposed fundings quickly while leveraging industry networks and procedures to the benefit of borrowers.
Rusty Saylor - Chief Executive Officer
Roger (“Rusty”) Saylor was an Investment Banker for over 20 years where he built market leading groups at three financial institutions. For over a decade, Mr. Saylor was the Managing Director and Head of the Education Finance Group in Citigroup’s Global Securitized Markets where he had credit authority for up to $18 billion of annual financing. His market leading team structured and assisted over 25 Student Loan Companies with greater than $50 billion of permanent financings across all capital markets sources.
Prior to joining CMAX as CEO, Mr. Saylor served a four-year engagement as the Chairman of the Board and interim CEO for InterviewStream, Inc., the premier Video Interviewing Company to the hiring industry. Mr. Saylor provided the valuation analysis and structured the acquisition for a large non-profit corporation. Subsequent to the acquisition, he instituted a complete re-write and updating of the program system code and completely restructured both the strategic focus of the Company and the management team. These efforts brought the company to profitability within 18 months of the effective implementation of the new strategic plan
Mr. Saylor has provided “expert testimony” in over 20 FINRA arbitration hearings related to Debt-Capital Markets operations and Valuation analysis. He has also provided quarterly valuation confirmations in conjunction with certain SEC actions.
Mr. Saylor has an MBA from the Darden School of the University of Virginia, a MM with honors from the University of Southern California and is an Honors College graduate of Davidson College. He was also a Hesse Scholar for advanced postgraduate study in Great Britain.
JD Sheldon - Chief Financial Officer
JD joins CMAX Finance following his role as CFO with a Real Estate and Collection law firm Dynia & Associates, LLC. At Dynia & Associates, JD managed financial aspects of the 80 employee firm. He and his team implemented policies and procedures for the collection division to ensure their Accounting team met all legal and contractual requirements of their clients. Specifically, compliance standards required by debt issuers, FDCPA, and the CFPB.
Prior to joining Dynia & Associates, JD spent 5 years working with the Accounting/Finance team for the country’s 3rd largest debt purchaser Equable Ascent Financial (EAF) and subsidiary collection arm Apex Financial. He managed the Payment Processing team, was responsible for the budgeting process for Apex and reporting the financials to the EAF executive team. He also led the EAF/Apex commercial valuation and recovery process; as well he assisted EAF’s Accounting/Finance team with Sarbanes Oxley compliance, Impairment analysis, and Treasury Management.
Prior to EAF/Apex, JD was an auditor for 5 years with Broniec & Associates. Broniec specialized in recovery auditing; JD was the audit manager for clients like United Airlines, John Deere, and AEGON USA.
Ed Forbes - Senior Vice President Marketing
Edward S. Forbes is a highly-respected ARM industry professional with over 25 years’ experience. He has held management positions with a wide range of companies including JPMorgan Chase, Fleet Card Services and Advanta Corporation.
His broad range of experience includes collection management, agency auditing, recovery management, debt sales and portfolio financing. In 2008 Mr. Forbes Founded Stirling Capital Management LLC, a leading ARM industry consulting and brokerage firm. Previously Mr. Forbes was a VP and co-founder of Creditmax LLC, where he was responsible for managing both the sales & business development.
Edward earned his BA from La Salle University and an Executive Business Certificate from the University of Notre Dame.
Jason Roe - Director of IT
Jason has been with CMAX Finance since 2013. Formerly of Harris & Harris Ltd where he worked with both IT and Operations teams in systems automation, data analytics, and dialer administration. Jason joined CMAX Finance as an Auditor and Analyst to refresh the company’s growing compliance needs and risk management strategies. He has subsequently been promoted to Director of IT where he manages and maintains the company’s infrastructure as well as continues to grow the company’s data warehousing and analytics capabilities.
Jason is a graduate of Rochester Institute of Technology with a Bachelor of Science in Information Technology: Applied Networking and Systems Administration