Los Angeles - California
Group President, West Region, MB Business Capital
Mark A. Looft is group president, West region, for MB Business Capital. Looft has more than 20 years of finance and senior debt lending experience. From 2010 until the merger with MB in 2014, he was group senior vice president and region executive for the western U.S. for Cole Taylor Business Capital. Looft launched the firm’s regional headquarters in Irvine, California, outside Los Angeles, and his development efforts targeted both private companies and private equity backed entities with borrowing needs of $5 million to $50 million.
Prior to that, Looft served as director with GMAC Commercial Finance’s Structured Finance division. In 1999, he launched GE Capital Business Credit’s Western U.S. regional office where he was a senior vice president. Looft has also been with Fremont Financial, where he served as senior vice president and region executive, and Foothill Capital, where he started his career as an auditor and financial analyst.
Looft is presently president of CFCC, the local chapter of Commercial Finance Association (CFA) in Southern California. He is also a director of the Orange County chapter of Association for Corporate Growth (ACG).
Looft holds a B.S. in Finance from Arizona State University.