Reza Joins Milberg Factors
New York–based Milberg Factors Inc. has hired David M. Reza to be senior vice president of the Western region. Reza will be based in the privately held company’s office in Glendale, Calif.
Reza has considerable experience in factoring for companies in the greater Los Angeles metropolitan area, including Walter E. Heller Western Inc. and GE Commercial Services.
In his new position, Reza will be responsible for marketing, business development and regional management.
Milberg Factors, founded in 1936, is one of the largest U.S. commercial finance institutions. The company specializes in factoring, assetbased lending, trade finance, accounts receivable management and related credit services.
“My 25-year background in the local apparel/ textile market includes experience in business development, deal structures, client credit requirements as well as relationships with key players in all areas,” Reza said. “These attributes—coupled with Milberg’s entrepreneurial character, track record of industry commitment and stable outlook—will allow us to bring superior factoring and financing solutions to the West Coast market.” —Claudia Figueroa
